Which of the Following Best Explains 'Vendor Rating Schedules

question 29

Multiple Choice

Which of the following best explains 'vendor rating schedules'? 

• A) Reports on the achievements of suppliers. 
• B) Simple ranking of suppliers. 
• C) Independent assessment of suppliers by a consultant. 
• D) Ratings of vendors by other organisations.

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Definitions:

Group Standard

The norms or expectations that a group holds for the behavior, attitudes, and appearance of its members.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, policies, or societal expectations.

Behavior

Everything we do that can be directly observed.

Social Facilitation Effect

The tendency for people to perform differently when in the presence of others, usually better on well-practiced tasks and worse on new tasks.