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Question
Terrell is trying to decide whether to concentrate his purchases with one supplier or diversify with two or three. One factor in favor of a single supplier is:
a. insurance against interruptions caused by strikes.
b. a particular suppliers superiority in product quality.
c. knowing the customers loyalty, the supplier may provide better prices and service.
d. locating the best source in terms of price, quality and service with each purchase.
Answer
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