One of the Disadvantages of the _____ Strategy of Purchasing

question 10

Multiple Choice

One of the disadvantages of the _____ strategy of purchasing raw materials is that thesupplier has more negotiating power on price.

• A)open-sourcing
• B)multisourcing
• C)sole-sourcing
• D)home sourcing
• E)in sourcing

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Definitions:

Long-Term Sales

Sales strategies focused on achieving sustained revenue growth over an extended period rather than immediate gains.

Needs

States of felt deprivation. Consumers feel that deprivation when they lack something useful or desirable like food, clothing, shelter, transportation, or safety.

Ethical Behavior

Acting in ways consistent with societal standards of right and good conduct, both in personal and professional contexts.

Core Organizational Values

The fundamental beliefs or guiding principles that form the foundation of an organization's culture and decision-making processes.