The Main Benefit(s) from Benchmarking Sourcing Practices Is/are

question 33

Multiple Choice

The main benefit(s) from benchmarking sourcing practices is/are:

• A) Savings in energy consumption and materials, lower distribution costs, and improved corporate image among regulators, customers and community.
• B) Lower prices of goods and services, use of fewer buyers and lower administrative costs
• C) Larger market for products, economies of scale in purchasing and production, and lower labor costs.
• D) Allows firms to leapfrog the experience-gaining stage by trying things that have worked well for other companies.

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Definitions:

Physical Dependence

A physiological state in which the body adapts to the presence of a substance, leading to withdrawal symptoms when the substance is reduced or removed.

Tolerance

The capacity to accept or endure differences, opinions, or behavior in others without adverse reactions.

Dream Interpretation

The process of assigning meaning to dreams, often based on the idea that dreams can reveal hidden desires and emotions.

Latent Content

In psychoanalytic theory, the underlying meaning of dreams as opposed to their manifest content, which is the dream as remembered by the dreamer.