Match Each Item with the Correct Statement Below

question 36

Multiple Choice

Match each item with the correct statement below.
-The practice of moving jobs to vendors in countries close to the business's home country is referred to 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:

Larger Community

A broad group of individuals that extends beyond a specific area or population, often encompassing diverse members with shared interests or concerns.

Ethical Standards

Principles that guide behavior by outlining what is considered right, wrong, good, or bad in a societal or organizational context.

Socially Responsible Operations

Practices and strategies that businesses employ to ensure their operations are ethical, sustainable, and beneficial to society as a whole.

High-Performance Standards

Criteria or benchmarks set by an organization to define expected outcomes and performances at an exceptional level.