Question

Vincent has been purchasing goods for his firm from a single supplier for many years. On every purchase, the supplier gives him reasonable discounts. Even though other vendors sell the same goods at lower rates, Vincent states that he has never considered an alternate supplier because the quality of goods provided by his existing supplier has always been exceptional. This is an example of Group of answer choices a spiff. vendor loyalty. insider selling. reseller price maintenance. collusion.

          Vincent has been purchasing goods for his firm from a single supplier for many years. On every purchase, the supplier gives him reasonable discounts. Even though other vendors sell the same goods at lower rates, Vincent states that he has never considered an alternate supplier because the quality of goods provided by his existing supplier has always been exceptional. This is an example of
Group of answer choices
a spiff.
vendor loyalty.
insider selling.
reseller price maintenance.
collusion.

Added by Daniel A.

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