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.
Knowledge could be defined as information, facts, skills gathered through experience or education. In the case above, the student has knowledge of how his "class average" works and so he "knows" that if he works hard enough, he can improve it to a B. However if he didn't have this knowledge, he probably would have started panicking and already think there isn't any hope of improving his average.
She worked at a child care healthcenter. She attended school in the evening while working at the child health care center. During her high school days she was a great debater which later informed her interest in politics
