Asked by arjun trivedi on Jul 13, 2024
Verified
Potential barriers to purchasing consortia include confidentiality,inequality in the sharing of benefits,and loss of control.
Purchasing Consortia
Groups of businesses that come together to aggregate their purchasing volume in order to negotiate better prices and terms from suppliers.
Confidentiality
The requirement to keep certain information private, not disclosing it to unauthorized individuals or parties.
- Comprehend how the supply chain influences a firm's competitive edge and its role in facilitating mergers, acquisitions, and divestments.
Verified Answer
ML
Melanie LopezJul 18, 2024
Final Answer :
True
Explanation :
Confidentiality concerns may arise if members of the consortia are competitors and sharing information could put them at a disadvantage. Inequality in the sharing of benefits could occur if some members contribute more or have more bargaining power, leading to an unfair distribution of benefits. Loss of control could occur if members have less autonomy in decision-making because they have to consider the interests of the consortium as a whole.
Learning Objectives
- Comprehend how the supply chain influences a firm's competitive edge and its role in facilitating mergers, acquisitions, and divestments.