Characteristics of JIT Partnerships with Respect to Suppliers Include

question 121

Multiple Choice

Characteristics of JIT partnerships with respect to suppliers include

• A) competitive bidding encouraged.
• B) buyer plant pursues vertical integration to reduce the number of suppliers.
• C) support suppliers so they become or remain price competitive.
• D) most suppliers at considerable distance from purchasing organization.
• E) buyer plant demanding that suppliers relocate their business.

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Definitions:

NewSQL

A class of modern relational database management systems that seeks to provide the same scalable performance of NoSQL systems for online transaction processing (OLTP) read-write workloads while maintaining the ACID guarantees of a traditional database system.

Synchronizes Time

The process of making two or more clocks or time references agree in time.

Globally Distributed

The dispersion of resources, operations, or processes across multiple geographic locations around the world.

Data Lake

A central repository that stores all of an organization’s data, regardless of their source or format.