Which of the Following Best Explains the Term 'Sourcing Multiple

question 27

Multiple Choice

Which of the following best explains the term 'Sourcing Multiple'? 

• A) A situation in which several companies within a certain category buy from more than one supplier. 
• B) A situation in which several companies within a certain category buys from one supplier. 
• C) A situation in which a company within a certain category buys from one supplier. 
• D) A situation in which a company within a certain category buys from more than one supplier.

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Definitions:

Annual Sales

The total revenue generated from the sale of goods or services by a business over the course of a year.

Negligence Per Se

A legal doctrine where an act is considered negligent because it violates a statute or regulation intended to protect the public.

Statute Violation

An act or omission that goes against a law established by a legislative body.

Strict Negligence

A standard of legal liability that may apply even in the absence of intent to cause harm, focusing on the violation of a duty to act with care.