Which of the Following Best Explains 'The Customer's Specification

question 32

Multiple Choice

Which of the following best explains 'the customer's specification'? 

• A) The buyer knows precisely the cost of the material to be purchased. 
• B) The buyer can only obtain a rough indication of the product's cost by means of supply market research. 
• C) The buyer can only obtain a rough indication of the product's cost by means of demand market research. 
• D) The buyer knows precisely the profit margin on the material to be purchased.

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Definitions:

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring, a central concept in Charles Darwin's theory of evolution.

Natural Selection

Natural selection is a process in evolutionary biology where organisms with traits better suited to their environment tend to survive and reproduce more than those with less advantageous traits.

New Species

A species that is newly discovered and/or formally described by scientists.

Geographic Isolation

A situation where a population of species is physically separated from exchanging genetic material with other such populations due to geographical barriers.