Match Each Item with the Correct Statement Below

question 38

Multiple Choice

Match each item with the correct statement below.
-The practice of purchasing goods and services from suppliers worldwide is known as _____.

• A)merchandisers
• B)trade industries
• C)remanufacturing
• D)nearshoring
• E)end-use application segmentation
• F)global sourcing
• G)joint demand
• H)inelastic demand
• I)outsourcing
• J)value analysis
• K)gatekeeper
• L)commercial market
• M)reciprocity
• N)vendor analysis
• O)category advisor
• P)modified rebuy
• Q)demographic characteristics based segmentation
• R)influencers
• S)buyer
• T)customer-based segmentation

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Definitions:

Object Permanence

The understanding that objects continue to exist even when they cannot be observed or heard directly, a critical cognitive development milestone in infants.

Cognitive Theorists

Scholars and researchers who study mental processes such as perception, memory, decision-making, and problem-solving.

Language Acquisition Device

A theoretical construct proposed by Noam Chomsky suggesting an innate mechanism or mental capacity that enables infants to acquire and produce language.

Socially Patterned Activities

Activities that are structured and influenced by societal norms and cultural practices.