Which Factors Have a Major Influence on Supply's Level in the Organization

question 4

Multiple Choice

Which factors have a major influence on supply's level in the organization:

• A)the credentials of the supply personnel;the geographical location of the supply base;the ratio of purchased material and services costs to total costs or total income.
• B)industry sector;the geographical location of the supply base;the ratio of purchased material and services costs to total costs or total income.
• C)the extent to which supply and suppliers can provide competitive advantage;the ratio of purchased material and services costs to total costs or total income.
• D)the nature of the products or services acquired;the extent to which supply and suppliers can provide competitive advantage;the ratio of purchased material and services costs to total costs or total income.
• E)the credentials of the supply personnel;industry sector;the nature of the products or services acquired.

---

Definitions:

Price Cut

A reduction in the selling price of products or services, typically to attract more buyers or to sell off excess stock.

Equilibrium Price

The price at which the supply of an item matches its demand, leading to a stable market condition where there is neither excess supply nor excess demand.

Equilibrium Output

The level of production at which the quantity of goods supplied equals the quantity of goods demanded, leading to market stability.

Diagram

A simplified drawing using lines and symbols to represent structures, systems, or processes, aiding in the explanation or analysis of data and concepts.