Rewarding suppliers based on performance is essential in maintaining successful strategic alliances. Which one of the following actions best aligns with this step?

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Answer

Scheduling frequent meetings to discuss supplier performance issues.

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Providing additional business and offering other non-monetary awards to suppliers who meet or exceed performance expectations.

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Regularly update suppliers on company policy and procedure changes to maintain amicable relationships with suppliers.

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Offering regular and free training sessions to improve supplier performance.

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Rewarding suppliers based on performance is essential in maintaining successful ...

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