Which of the Following Best Describes Kraljic's (1983) Approach to Commodity

question 35

Multiple Choice

Which of the following best describes Kraljic's (1983) approach to commodity strategies? 

• A) Purchasing managers develop differentiated strategies towards their supply markets. 
• B) Purchasing managers develop undifferentiated strategies towards their supply markets. 
• C) Purchasing managers do not need to develop strategies towards their supply markets. 
• D) Purchasing managers need to develop differentiated strategies towards their customers.

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Definitions:

Observational Learning

A learning process where individuals learn by watching the behaviors of others and the consequences of those behaviors.

Vicarious Conditioning

Learning of behaviors or emotional responses by watching the actions of others, rather than through direct experience.

Praying

The act of communicating with a deity or spiritual entity, often involving expressions of gratitude, confession, or requests for guidance or assistance.

Praise

Positive feedback or admiration given to someone for their achievements, qualities, or efforts.