You are tasked by your company with setting up manufacturing of a new product and keeping costs as low as possible. You must determine how to source the supply of parts and components.

What is a reasonable strategy according to Porter's model?

a. Use only the most reliable supplier to keep your supply chain flowing smoothly.

b. Use only the highest quality supplier.

c. Keep supplier power low by sourcing from several suppliers.

d. Consider only a local supplier.