Which of the Following Is an Advantage of Using Single

question 51

Multiple Choice

Which of the following is an advantage of using single sourcing?

• A) Suppliers are more likely to remain cost-competitive.
• B) Buyers are less reliant on one firm to deliver the needed goods without interruption.
• C) The buyer and seller agree to be each other's customers.
• D) Consistency of quality of materials input into the product process is greater.
• E) Buyers have other suppliers to fall back on if one supplier fails.

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Definitions:

Social Standing

The position or rank of a person or group within the social hierarchy, often influenced by factors such as wealth, occupation, education, and family background.

Laboratory Experiments

Controlled experiments conducted in a lab setting where variables can be manipulated and measured to determine cause and effect.

Gender Bias

The inclination or prejudice toward one gender over another, leading to unfair treatment or assessment.

Democratic Leadership

A leadership style where decision-making is shared among members of a group, often allowing for more participation in the processes by all involved.