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Hayden Corp. has identified an item for which the supply risk is high and the value of the purchase to the firm is low. Which

Hayden Corp. has identified an item for which the supply risk is high and the value of the purchase to the firm is low. Which of the following sourcing approaches would you recommend to Hayden for sourcing the item? Group of answer choices Source from multiple suppliers Consolidate purchases to one or few suppliers Build strong collaborative relationships with suppliers of the item All the above are the same

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