An Organization's Choice of Which of Two Well-Qualified Suppliers to Use

question 15

Multiple Choice

An organization's choice of which of two well-qualified suppliers to use is in the domain of _____.

• A)codified law
• B)free choice
• C)ethics
• D)compensatory justice
• E)social responsibility

---

Definitions:

No Competition

A market condition or business scenario where a company faces little to no competition in its industry or for its products.

McClelland's Three Needs Theory

A motivational theory that suggests individuals are driven by three primary needs: the need for achievement, the need for affiliation, and the need for power.

Management Styles

The various strategies and approaches used by leaders to direct, motivate, and plan the activities of their team members.

Power

The ability or capacity of an individual or group to influence or control the actions, behaviors, and opinions of others.