The Quantity of Raw Materials or Parts That Are Purchased

question 21

Multiple Choice

The quantity of raw materials or parts that are purchased is a function of ____, manufacturing capability, and storage capability.

• A)logistics
• B)cost
• C)customer demand
• D)market size
• E)suppliers

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Definitions:

Informal

A term describing actions, relations, or communication that occur without official or formal structures or procedures.

Regressive

Characterized by moving backward or returning to a previous, less advanced state or condition.

Institutional Collectivism

The degree to which organizational and societal institutional practices encourage and reward collective distribution of resources and collective action.

Uncertainty Avoidance

A cultural dimension that describes the extent to which people in a society are uncomfortable with ambiguity, risk, and uncertainty, leading to a preference for structured situations and clear rules.