Firms Can Be Categorized by the Type of Purchasing Strategy

question 14

Multiple Choice

Firms can be categorized by the type of purchasing strategy used._____ consider numerous,even unfamiliar suppliers and solicit and analyze options.

• A) Satisficers
• B) Strivers
• C) Optimizers
• D) Actualizers
• E) Innovators

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Definitions:

Failed to Lock

An unsuccessful attempt to secure or fix in place, often referring to security measures or mechanisms.

Collided

An occurrence where two or more objects come into forceful contact with each other, often resulting in damage or injury.