Whitewater Corp

question 218

Multiple Choice

Whitewater Corp.is looking for a new vendor for basic plastics because the present vendor has been inconsistent about meeting delivery schedules.Which of the following buying processes is the firm's purchasing agent most likely to use?

• A)selective buying
• B)modified rebuy
• C)intensive buying
• D)new-task buying
• E)straight rebuy

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Definitions:

DMAIC

An acronym for Define, Measure, Analyze, Improve, and Control; a data-driven quality strategy used for improving, optimizing, and stabilizing business processes and designs.

Benchmarks

Standard points of reference by which something can be measured or judged, often used for comparison to assess performance or quality.