Question

What focuses on keeping suppliers satisfied by evaluating and categorizing suppliers for different projects, which optimizes supplier selection?a. Customer relationship managementb. Partner relationship managementc. Employee relationship managementd. Supplier relationship management

Answer 1

Answer: Option D

Step-by-step explanation: In simple words, supplier relationship management refers to the set of strategy which an organisation employs to manage relationship with all the third parties that performs the functions of suppliers.

These strategies focuses on increasing the interaction with the third parties and increasing understanding with them. Such strategies generally result in smooth functioning of supplies and other such activities of the organisation.

Hence from the above we can conclude that the correct option is D .