Match the Informal Assessment Categories with Their Assessment Instruments

question 61

Multiple Choice

Match the informal assessment categories with their assessment instruments.
-Autobiographies

• A)Observation
• B)Rating scales
• C)Classification methods
• D)Environmental assessment
• E)Records and personal documents
• F)Performance-based assessment

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Definitions:

Decrease Supplier Power

Involves strategies or actions taken by purchasing companies to reduce the influence and control of their suppliers over prices, terms, and supply.

Rivalry Among Suppliers

A competitive situation where suppliers in the same market vie for business by offering better terms, prices, or quality.

Multiple Suppliers

A business strategy involving the use of more than one supplier to reduce reliance on any single provider and mitigate risks.

RBV Perspective

The Resource-Based View (RBV) is a model that sees resources as key to superior firm performance. It focuses on the importance of a firm's internal capabilities in achieving competitive advantage.