Which Method of Business Buying Is Necessary When Products Are

question 38

Multiple Choice

Which method of business buying is necessary when products are highly homogeneous and examination of each item is not feasible?

• A) Negotiation
• B) Sampling
• C) Description
• D) Inspection
• E) Homogeneous selection

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Definitions:

Justice

The concept of moral rightness based on ethics, rationality, law, natural law, religion, equity, and fairness, as well as the administration of the law.

Kohlberg's Stages

A theory in psychology that categorizes the development of moral reasoning into different levels and stages, from pre-conventional to conventional to post-conventional morality.

Mutual Interpersonal Expectations

The shared beliefs or standards regarding how individuals should behave towards each other in a social or professional context.

Universal Ethical Principles

Fundamental ethical concepts and values that are widely accepted across different cultures and societies as a basis for moral conduct.