Which of the Following Statements About the Supplier Selection Stage

question 136

Multiple Choice

Which of the following statements about the supplier selection stage of the business buying decision process is true?

• A) Price is the only factor businesses consider before making a purchase decision.
• B) Even companies that have adopted a total quality management approach consider price to be the most important factor in choosing a supplier.
• C) Price and warranty are the only two factors businesses consider before making a purchase decision.
• D) Buyers do not negotiate for better terms before making a final supplier selection.
• E) Before selecting a supplier, many companies consider the supplier's reputation for ethical corporate behavior and honest communication.

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Definitions:

Bone Marking

Features on the surface of bones, such as ridges and notches, which serve as attachment points for muscles and ligaments.

Foramen

An opening, hole, or passage, often in bone, through which nerves or blood vessels may pass.

Diploë

Diploë refers to the spongy bone layer between the inner and outer layers of cortical bone in the skull, which houses marrow and blood vessels.

Spongy Bone

A type of bone that is porous and less dense, found at the ends of long bones and in the inner layers of other bones, providing structural support and flexibility.