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      Question

      Why is vendor and supplier management crucial for

      organizations?
      A To increase workload Correct Answer Incorrect Answer
      B To ensure a chaotic supply chain Correct Answer Incorrect Answer
      C To obtain quality goods and services Correct Answer Incorrect Answer
      D To delay operations Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Explanation: Option C is correct. Efficiently managing relationships with vendors and suppliers is crucial for obtaining quality goods and services.

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