In A(n) ____ Approach of Supplier Relationships, an Organization Spreads

question 33

Multiple Choice

In a(n) ____ approach of supplier relationships, an organization spreads its purchases among many suppliers and encourages them to compete with one another.

• A) co-op
• B) outreach
• C) arm's length
• D) collaboration
• E) partnership

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Definitions:

Alfred Binet

A French psychologist best known for creating the first intelligence test, the Binet-Simon scale.

Intelligence Test

A method of assessing an individual's mental aptitudes and comparing them with others using numerical scores.

Exponential

A mathematical function or growth pattern describing a quantity that increases at a rate proportional to its current value.

Sternberg

Refers to Robert Sternberg, a psychologist known for his theory on intelligence and creativity, including the triarchic theory of intelligence.