The New,more Strategically Oriented Purchasing Departments Have a Mission to ________

question 48

Multiple Choice

The new,more strategically oriented purchasing departments have a mission to ________.

• A) always make a profit
• B) always take the lowest bid
• C) seek the best value from fewer and better suppliers
• D) continue to seek outsourcing as their primary strategy
• E) use consultants whenever possible

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Definitions:

Existential Generalization

A logical operation that infers the existence of at least one member of a group from a statement about an individual or individuals.

Existential Instantiation

A principle in logic and philosophy that allows from the acknowledgment of the existence of at least one instance of a particular predicate.

Universal Instantiation

A logical rule that states if a property or relation holds for all members of a class or domain, then it holds for any specific member of that class or domain.

Universal Instantiation (UI)

A principle in logic stating that what is true of everything in a particular class must also be true of any specific member of that class.