What Is the Best Reason for Retailers to Develop and Maintain

question 12

Multiple Choice

What is the best reason for retailers to develop and maintain relationships with multiple and sometimes competing suppliers?

• A) A more efficient supply chain occurs when multiple vendors are involved.
• B) A function of retailers is to provide assortments, so they must deal with a variety of suppliers.
• C) By working with multiple suppliers, retailers tend to make better negotiators.
• D) A variety of vendors assures more profit.
• E) It would be unethical for a buyer to solely work with one supplier.

Understand the foundational principles of Piaget's theory of cognitive development.

Identify and describe the main components of Vygotsky’s sociocultural theory of cognitive development.

Analyze and articulate the critiques of Piaget’s cognitive development theory.

Explain the process of scaffolding and its importance in cognitive development according to Vygotsky.