Terrell Is Trying to Decide Whether to Concentrate His Purchases

question 55

Multiple Choice

Terrell is trying to decide whether to concentrate his purchases with one supplier or diversify with two or three. One factor in favor of a single supplier is

• 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) locating the best source in terms of price, quality, and service with each purchase.

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Definitions:

Nitric Acid

A highly corrosive and strong mineral acid with the formula HNO3, commonly used in the production of fertilizers, explosives, and in various nitration processes.

Williamson Ether Synthesis

An organic reaction forming an ether from an organohalide and an alcohol in the presence of a strong base.

Efficient Use

A method or strategy that aims to achieve maximum productivity with minimum wasted effort or expense.

Ether

An organic compound characterized by an oxygen atom connected to two alkyl or aryl groups, known for its use as a solvent and in the formation of more complex molecules.