A Sourcing Strategy for Items in the Bottleneck Quadrant Will

question 11

Multiple Choice

A sourcing strategy for items in the bottleneck quadrant will be to

• A)narrow the specifications to allow for more product options.
• B)increase competition by encouraging other supplier to offer the item.
• C)develop new suppliers.
• D)all of the above.
• E)only B and C above.

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Definitions:

Organic solidarity

A concept in sociology that describes the social cohesion based on the interdependence of individuals in advanced, industrial societies, as opposed to the similarities in a more traditional society.

Door to door sales

The direct selling of products or services to consumers at their residences without prior invitation or appointment.

Secondary labour market

Refers to low-paying, insecure jobs with poor working conditions and limited opportunities for promotion, often contrasted with primary labour market positions that offer higher wages and job security.

Professions

Prestigious occupations that require specialized knowledge and are regulated by a governing body.