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Which of the following statements is not correct? - In vendor managed inventory, retailer is responsible for all inventory decisions. - Strategic Alliance is an
Which of the following statements is not correct?
- In vendor managed inventory, retailer is responsible for all inventory decisions.
- Strategic Alliance is an agreement between two or more parties to pursue a set of agreed upon objectives while remaining independent organizations.
- In request for bid, a company interested in procurement of a product or service requests the price from multiple providers.
- Low-volume and inexpensive items, purchased during the regular routine of work, can be ordered from an online catalog.
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