Instead of adversarial relationships which characterize , features a long-term win-win relationship between a buying company and specially selected suppliers. traditional purchasingsupply managementtraditional purchasinglogistics managementsupply managementtraditional purchasingstrategic sourcingsupply managementsupply chain managementstrategic sourcing

The correct answer is A) traditional purchasingsupply management.

Instead of adversarial relationships that characterize traditional purchasing, supply management features a long-term win-win relationship between a buying company and specially selected suppliers.

This is the best way to foster and maintain good relationships with different suppliers that are much needed for the company. It is necessary to drop aside any rivalries and built a strong business relationship that benefits all parties.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

the answerr would be 1