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Your company has been a one of the few producers of your product. You multisource one of your key inputs from nearly a dozen

 


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Your company has been a one of the few producers of your product. You multisource one of your key inputs from nearly a dozen small suppliers, and have been nearly the only market for some of the suppliers you use. However, your product has recently become very popular, and a number of large firms who are not in your industry are making very noticeable preparations to enter your market as competitors. Do you change your purchasing strategy, and why? 12pt v Paragraph v BIUA V V

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Yes it would be prudent to change your purchasing strategy in response to the new market dynamics Heres why Increased Demand and Potential Shortages W... blur-text-image

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