What Focuses on Keeping Suppliers Satisfied by Evaluating and Categorizing

question 34

Multiple Choice

What focuses on keeping suppliers satisfied by evaluating and categorizing suppliers for different projects, which optimizes supplier selection?

• A) Supplier relationship management
• B) Partner relationship management
• C) Employee relationship management
• D) None of the above

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Definitions:

Gray Areas

Situations or subjects that are not clear or are open to interpretation because of a lack of rules, regulations, or definite answers.

Ethical And Socially Responsible

Being ethical and socially responsible involves acting in ways that benefit society and the environment, beyond what is required by law, in conducting business.

Stakeholder Orientation

An approach in business that prioritizes recognizing, understanding, and addressing the needs and concerns of all parties with an interest in the organization.

Channel Stuffing

A practice where a company inflates its sales and earnings by forcefully pushing more products through its distribution channels than the end market can consume.