Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question
What are some of the pros/cons of purchasing third-party replacement parts and/or accessories versus original equipment manufacturer (OEM) parts and/or accessories?
Expert Solution
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Step 1
Third-party replacement refers to the spare parts and accessories that are not directly supplied by the authorized dealer or manufacturer. On the contrary, the original equipment manufacturer is all about the spare parts and accessories that are supplied by the main dealer or the manufacturer.
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