An Organization That Decides to Buy All of a Certain

question 75

Multiple Choice

An organization that decides to buy all of a certain part from the same company is using

• A) single-supplier purchasing.
• B) multiple sourcing.
• C) same vendor analysis.
• D) straight rebuy.
• E) sole sourcing.

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Definitions:

Threat Of Rejection

The potential or perceived risk of having an offering, proposal, or application denied or refused.

Time Inconsistency

The tendency for people to change their plans about future actions due to a lack of alignment between their short-term desires and long-term goals.

Present Self

The concept of one's current identity or self-perception at the present moment.

Future Self

The concept of envisioning oneself in the future, often used in psychology and financial planning to motivate current actions that benefit one's future.