Ability to repay. The representation of the financial capacity of an individual or an institution to make good on their repayment of a debt or a loan. The ability to repay is considered by a lender when deciding whether to give a loan to an individual or an institution.

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3 years ago

A __________ exists when a buyer and its supplier adopt mutually beneficial objectives, policies, and procedures for the purpose

Marizza181 [45]

Answer:

The answer is supply partnership.

Explanation:

Supply chain partnership is an increasing tendency towards the development of long term relationships with suppliers. This can be achieve throught a variety of channels of wich the most common are:

-Sigle sourcing (buying from one supplier)

-Preferred supplier (limiting suppliers to certain organisations wich are then ranked)

-Strategics alliances (vallued-added partnerships in which risk and rewards are shared between the supplier and the costoumer)

In general, partnerships are sought with suppliers with outstanding performance, desirable/unique products, or technological advantage.

5 0

3 years ago