Hard-Bargaining Sourcing Departments Focused on Decreasing Purchasing Spend May Experience

question 32

Multiple Choice

Hard-bargaining sourcing departments focused on decreasing purchasing spend may experience which of the following from their suppliers?

• A) Lower levels of quality from their suppliers
• B) Lower levels of service from their suppliers
• C) Deteriorating buyer-supplier relationships
• D) All of these

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Definitions:

Quid Pro Quo

A Latin term meaning an exchange of goods or services, where one transfer is contingent upon the other.

Hostile Environment

An unwelcoming or unpleasant atmosphere, especially in the workplace, which may involve harassment or discrimination.

Hedonist

A person who believes that the pursuit of pleasure or happiness is the most important goal in life.

Might-Equals-Right

A belief or principle that power and strength justify moral superiority or rightful authority.