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A company purchases products from a supplier that falls into the 'strategic' segment of the...

A company purchases products from a supplier that falls into the 'strategic' segment of the supply positioning grid. They are drawing up a formal partnership agreement with the supplier. The supplier views the company as core to their business. What would be an important clause to include in the agreement to help make sure the partnership worked in a fully collaborative way?

A.

Force majeure

B.

Continuous improvement

C.

Time of the essence

D.

Liquidated damages

CIPS L4M6 Summary

  • Vendor: CIPS
  • Product: L4M6
  • Update on: Jan 31, 2026
  • Questions: 263
Price: $52.5  $149.99
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