The companies join together to gain more discounts on volume purchases are classified as________?
Correct answer: C. buying alliances
- A. barter alliances
- B. buying markets
- C. buying alliances
- D. private exchanges
Explanation
A buying alliance is formed when organizations combine their purchasing volume to obtain quantity discounts or stronger bargaining power. Barter alliances involve exchanging goods or services rather than pooling purchases.
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