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Which of the following are advantages for the buyer of entering into a partnership? Select
TWO.
- A . They are likely to be able to gain price stability
B. There may be greater continuity of supply
C. They will gain an increased volume of business
D. The supplier may become complacent
Suggested Answer: A,B
Explanation:
The correct answers are; They are likely to be able to gain price stability and There may be greater continuity of supply. The other options are an advantage for the supplier rather than the buyer (They will gain an increased volume of business) and a disadvantage of entering into a partnership (The supplier may become complacent). As you may have guessed from these questions C Partnerships come up a LOT in the exam. See p.130 for info on pros and cons of partnerships.
Explanation:
The correct answers are; They are likely to be able to gain price stability and There may be greater continuity of supply. The other options are an advantage for the supplier rather than the buyer (They will gain an increased volume of business) and a disadvantage of entering into a partnership (The supplier may become complacent). As you may have guessed from these questions C Partnerships come up a LOT in the exam. See p.130 for info on pros and cons of partnerships.
Posted : 26/01/2023 7:12 am