A Purchased Good That Can Have a Big Effect on Profitability

question 76

Multiple Choice

A purchased good that can have a big effect on profitability but only has a few qualified suppliers is a

• A)routine item.
• B)leverage item.
• C)bottleneck item.
• D)critical item.

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Definitions:

Race

Race is a social construct that categorizes humans based on physical characteristics, ancestry, historical social positions, and identities, often linked with power relations and social hierarchies.

Ethnicity

A category of identity based on common cultural characteristics such as language, religion, customs, and heritage.

Psychological Domination

A form of control exerted over another individual's mind or emotions, often leading to the manipulation of their thoughts, feelings, or behaviors.

Cultural

Relating to the ideas, customs, and social behaviors of a society or group of people.