As Some Suppliers View Cost Data as Highly Proprietary, Buyers

question 41

True/False

As some suppliers view cost data as highly proprietary, buyers will often develop reverse pricing models that provide estimates of the supplier's cost structure during the initial supplier evaluation.

---

Definitions:

Researcher

An individual who systematically investigates and studies materials and sources to establish facts and reach new conclusions.

Online Experiments

Research studies conducted over the internet, allowing for the collection of data from a wide and diverse group of participants.

Causality

The relationship between cause and effect, where one variable is demonstrated to directly cause a change in another variable.

Attrition

The loss of participants from a study over time, which can impact the validity of research outcomes.