which statement in true about business relationships in supply chains? multiple choice question. they must be between independent entities. they are based on meeting each other's needs. they must be between divisions of the same firm. they are always close working partnerships.

Respuesta :

Relating to supply chain links between businesses relationships in the supply chain are based on meeting one another's needs. This statement is true.

Business relationships are essential for the success of supply chain management. To achieve supply chain goals like maximizing customer value and minimizing transaction costs, hence maximizing revenues, good inter-business connections are essential.

The delay between you, the exporter, paying your suppliers and when you receive payment from your buyers is known as the transactional relationship in the supply chain (the importer). The majority of the time, the overseas customers who buy your products are not the final consumers.

Relationships can be the focal point of supply chain management, fostering a more cooperative and productive dynamic. When it comes to complying with new rules and regulations, buyers who get along well with their suppliers will have an advantage.

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Answer: They are based on meeting each other's needs.