In the Context of the Specific Environment of an Organization

question 28

Multiple Choice

In the context of the specific environment of an organization, which of the following is a difference between supplier dependence and buyer dependence?

• A) Supplier dependence relates to the difficulty of finding consumers for a particular product, whereas buyer dependence relates to the difficulty of finding dealers of a particular product.
• B) Supplier dependence is the degree to which a company relies on a dealer for the dealer's product, whereas buyer dependence is the degree to which a supplier relies on a consumer.
• C) Supplier dependence takes into account the importance of a consumer to a supplier's sales, whereas buyer dependence takes into account the importance of a manufacturer's products to a company.
• D) A high degree of buyer dependence can lead to opportunistic behavior, whereas a high degree of supplier dependence does not lead to opportunistic behavior.

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Definitions:

Alcohol

A psychoactive substance found in drinks such as beer, wine, and spirits, known for its effects on mood, behavior, and consciousness.

Developmental Psychologists

Professionals specializing in the scientific study of how and why human beings change over the course of their life, from infancy through adulthood and aging.

Life Cycle

The series of changes in the life of an organism, including reproduction, development, and eventually death.

Social Changes

Alterations in the structure and functioning of a society over time, often owing to advances in technology, changes in economy, or cultural shifts.