Once a Search for Suppliers Is Completed and the Company

question 71

Multiple Choice

Once a search for suppliers is completed and the company makes the suppliers aware of its needs, the company will begin:

• A) obtaining feedback from its customers.
• B) notifying the distribution channels of the new product introduction.
• C) acquiring and analyzing proposals.
• D) selecting an order routine.

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Definitions:

Broader Society

Pertains to the larger social system outside of smaller groups or communities, including cultural, economic, and structural dimensions.

Organizational Climate

Organizational climate represents shared perceptions of members regarding what the organization is like in terms of management policies and practices.

Organizational Culture

The shared values, beliefs, norms, and practices that shape the social and psychological environment of a business.

External Adaptation

The process by which an organization or individual adjusts to changes in the external environment.