Which of the Following Statements Best Identifies the Value of Using

question 250

Multiple Choice

Which of the following statements best identifies the value of using a supplier rating system?

• A) It provides an objective means for a company to determine outstanding suppliers.
• B) It allows customers to post chargebacks to suppliers.
• C) It offers a company an effective way to control suppliers' delivery processes.
• D) It ensures that all suppliers are using the same quality standards to manufacture products.

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Definitions:

Cognitive Equilibrium

A state of mental balance where individuals' experience is consistent with their understanding of the world, promoting cognitive stability and consistency.

Fruit

The mature ovary of a flowering plant, usually containing seeds, that is consumed as food by humans and animals.

Cognitive Development

The growth of cognitive abilities and capacities from infancy through adulthood, involving processes such as thinking, problem-solving, and memory.

Piaget

A psychologist from Switzerland recognized for his groundbreaking contributions to the field of child development and his cognitive development theory.