Which of the following is NOT an advantage of the "few suppliers" sourcing strategy?
A) suppliers have a learning curve that yields lower transaction and production costs
B) suppliers are more likely to understand the broad objectives of the end customer
C) less vulnerable trade secrets
D) creation of value by allowing suppliers to have economies of scale
E) suppliers' willingness to provide technological expertise
C
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A company changing its computer operating system would not be an example of a technology change because no new technological equipment was used
Indicate whether the statement is true or false.
The maturity stage of product life cycle is ________
A) a stage where a product's price is at a high level B) usually the shortest stage in a product's lifetime C) characterized by steep decline in profits D) typically followed by a growth stage E) a stage where firms have to win sales away from others