CIPS Ethical and Responsible Sourcing L4M4 Question # 47 Topic 5 Discussion

CIPS Ethical and Responsible Sourcing L4M4 Question # 47 Topic 5 Discussion

L4M4 Exam Topic 5 Question 47 Discussion:
Question #: 47
Topic #: 5

A supplier operates in a monopolistic market where the threat of entry is low. The product that they offer is key in manufacturing certain types of submarines and there is no known substitute for the product at present. What type of sourcing relationship is a buyer likely to have with this supplier?


A.

single sourced


B.

sole sourced


C.

multiple sourced


D.

dual sourced


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