To Select a Potential Supplier-Partner,the Buyer Should Consider

question 5

Multiple Choice

To select a potential supplier-partner,the buyer should consider:

• A)both hard and soft factors with an eye toward short-term outcomes.
• B)soft factors such as congruence of management values and compatibility.
• C)both hard and soft factors with an eye toward long-term outcomes.
• D)hard factors such as quality,quantity,cost,and technology.
• E)the willingness of the supplier to quickly change processes for results.

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Definitions:

Financial Records

Documents that track and provide information about an individual's or organization's financial activities and health.

Decision Making

The brain's method of deciding which one of many different options to pursue.

Anxious/Fearful

Experiencing worry, unease, or nervousness, typically about an imminent event or something with an uncertain outcome.

Neurotic/Dissociative

Terms that describe certain psychological states or disorders; neurotic refers to mild mental disturbances, while dissociative involves a disconnection from reality, thoughts, or identity.