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Firms often cut the number of suppliers and ask those left for better prices in return for:
AAn overseas licence
BAn official audit
CAn ongoing relationship
DAn outright purchase
Answer & Solution
Correct answer: C. An ongoing relationship
1. Fewer suppliers get more business.
2. Continuity is what they gain.
3. It is an ongoing relationship.
_Source: OpenStax Introduction to Business, Chapter 10, supply chain and quality sections._
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