Excel Computers Produces the World's Best Computers

question 26

Multiple Choice

Excel Computers produces the world's best computers.It has a sophisticated R&D division that develops computers that have the latest features that consumers can enjoy.Quality standards at Excel Computers are strict and the company uses only the best raw materials to assemble each computer it produces.In its attempts to source the best raw materials,the company has associated with 32 suppliers spread across 14 nations.Computer chips,an integral part of any computer,are procured exclusively from a supplier in China.Excel Computers has obtained an approval for this no-bid contract from the government and secured the supply from any changes caused by competing suppliers.Excel Computers has resorted to _____ with regard to its supply of computer chips.

• A) benchmarking
• B) test marketing
• C) competitive bidding
• D) sole sourcing

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Definitions:

Observers

Observers are individuals or entities who watch or monitor events, behaviors, or processes, often for the purpose of recording data, understanding dynamics, or ensuring compliance.

Common Ground

Shared interests, beliefs, or values among parties that can be used as a basis for agreement.

Group Negotiations

A process involving multiple individuals or groups coming together to discuss and reach agreements on shared interests or conflicts.

Negotiating Dyad

A pair of individuals engaged in negotiation, each representing their own interests or those of their organizations.