Firms Can Be Categorized by the Type of Purchasing Strategy

question 59

Multiple Choice

Firms can be categorized by the type of purchasing strategy they use._____ usually contact familiar suppliers and place an order with the first that can meet product and delivery requirements.

• A) Strugglers
• B) Actualizers
• C) Optimizers
• D) Satisficers
• E) Experiencers

---

Definitions:

Methodological Strategy

An approach or plan of action for conducting research, including the methods used for data collection and analysis.

Generalizability

The extent to which research findings can be applied to broader populations or different contexts beyond the original study setting.

Credibility

The quality of being trusted and believed in, often based on a track record of reliability and authenticity.

Specificity

The ability of a test or procedure to correctly identify those without the condition or trait being tested for, minimizing false positives.