The Purchasing Approach That Holds the Suppliers Responsible for Maintaining

question 121

Multiple Choice

The purchasing approach that holds the suppliers responsible for maintaining the necessary technology, expertise, and forecasting ability plus cost, quality, and delivery competencies is

• A) few suppliers
• B) many suppliers
• C) Keiretsu
• D) vertical integration
• E) virtual companies

---

Definitions:

Study Time

The period dedicated to learning, reading, or practicing to enhance knowledge and skills.

Correlation Coefficient

This is a statistical measure that indicates the extent to which two or more variables fluctuate together.

Caffeine Intake

The consumption of the stimulant caffeine, found in coffee, tea, and many soft drinks, which affects the central nervous system.

Dependent Variable

The variable in an experiment that is expected to change in response to manipulations of the independent variable.