Asked by
jackie layne
on Oct 27, 2024Verified
Reverse marketing is:
A) when the buying organization has decided to stop making something in-house and identifies a supplier from its existing supply base.
B) when the supply department sells internal users on a specific supplier that the user was opposed to initially.
C) when the marketing department tries to convince the supply department to stop buying from a specific supplier.
D) an aggressive,purchaser-initiated approach to finding and developing world class suppliers.
E) an aggressive,marketing-initiated approach to finding and developing world class suppliers.
Reverse Marketing
A strategy where customers convince suppliers to provide specific products or services, reversing the traditional marketing direction.
World Class Suppliers
Highly reputable vendors recognized for their exceptional quality, reliability, and innovation in product or service delivery.
- Acknowledge the significance and extent of initiatives aimed at developing suppliers.
Verified Answer
KL
Learning Objectives
- Acknowledge the significance and extent of initiatives aimed at developing suppliers.
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