A Supplier Certification Program

question 11

Multiple Choice

A supplier certification program:

• A)adds cost to the supplier,but provides few benefits to the supplier.
• B)may improve quality,but at best will not raise costs.
• C)always improves quality,but usually at a higher purchase price.
• D)may enable the buyer and seller to lower costs and improve quality.
• E)typically costs more to implement than the value of the quality improvement.

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Definitions:

Protein Powder

A nutritional supplement commonly used to increase protein intake, support muscle building, and aid in recovery after exercise.

Health Clubs

Facilities that offer a range of physical fitness and exercise equipment for the purpose of improving members' health and wellness.

Surveys

Research methods used to collect data from a predefined group of respondents to gain information and insights on various topics.

Quantitative Research

A research method focusing on obtaining and analyzing numerical data to identify patterns, correlations, or trends, often involving large sample sizes.