The Existence of Reciprocal Arrangements,the Long-Term Contracts,and the Buyer-Seller Relationships

question 100

Multiple Choice

The existence of reciprocal arrangements,the long-term contracts,and the buyer-seller relationships that can evolve into supply partnerships,are all examples of

• A)illegal activities that are a common weakness of organizational buying.
• B)illegal activities that result from collusion between buyers and sellers.
• C)activities that are strictly governed by the NAICS.
• D)the nature of relationships between buyers and sellers in organizational buying.
• E)activities that result from extreme competition between manufacturers when there are too few suppliers.

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Definitions:

Specific Number

An exact quantity or value, often mentioned to denote precision or to highlight importance within a particular context.

Randomly Varying

Characterized by changes that do not follow a predictable pattern and occur in a random manner.

Reinforcement

In behaviorism, a consequence that increases the likelihood of a behavior being repeated.

Fixed-ratio

A schedule of reinforcement where a response is only rewarded after a specified number of responses, leading to high and steady response rates.