The Determination of What Is Needed,how Much Is Needed,and When

question 29

Multiple Choice

The determination of what is needed,how much is needed,and when it is needed is typically determined in the _______________ stage of the organizational buying decision process.

• A)Evaluation of proposals and selection of suppliers.
• B)Determination and description of the traits and quality of needed items.
• C)Search for and qualification of potential suppliers.
• D)Selection of an order routine.

---

Definitions:

Leisure

The time individuals spend away from work or productive activities, often used for relaxation or recreational activities.

Wage Rate

The fixed amount of money or compensation paid to an employee by an employer in exchange for work performed.

Labor Income

Earnings derived from work or employment, including wages, salaries, and other compensation.

Lump Sum Payment

A lump sum payment is a large payment made in one single payment instead of broken down into installments.