First-Tier Suppliers Refers to ______

question 77

Multiple Choice

First-tier suppliers refers to ______.

• A)suppliers who provide components,systems,or finished goods and services to the primary firm
• B)suppliers who provide components,systems,or finished goods and services that are of high quality
• C)suppliers who provide components,systems,or finished goods and services at the lowest cost
• D)suppliers who provide components,systems,or finished goods and services at the highest cost

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Definitions:

Confidential Information

Sensitive data that is meant to be kept secret from unauthorized parties, including trade secrets, business strategies, and personal information.

Gratuitous Agents

Those who act on behalf of another without receiving any compensation for their services.

Subagent

A representative or agent appointed by another agent who also has the authority and responsibility to perform specific tasks on behalf of the original agent's principal.

In-house Counsel

A lawyer or team of lawyers employed directly by a corporation or organization to provide legal advice and services.