A Small Company Might Prefer to Concentrate Purchases with One

question 7

Multiple Choice

A small company might prefer to concentrate purchases with one supplier for which the following reasons?

• A) insurance against interruptions caused by strikes
• B) a particular supplier 's superiority in product quality
• C) knowing the customer's loyalty, the supplier may provide better prices and service
• D) to locate the best source in terms of price, quality and service with each purchase

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Definitions:

Flooding

A behavioral therapy technique used to treat phobias and anxiety disorders by exposing the patient to their fear object or context without any danger, in order to overcome their anxiety.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is initially elicited by the second stimulus is eventually elicited by the first stimulus alone.

Research

The systematic investigation and study of materials and sources in order to establish facts and reach new conclusions.

Avoidance Responses

Behaviors aimed at preventing exposure to feared stimuli, which can reinforce anxiety and phobic disorders.