Organizational Buyers Engage in Multiple Sourcing To

question 65

Multiple Choice

Organizational buyers engage in multiple sourcing to:

• A)counter the possibility of increased buying power.
• B)reduce the time taken to process purchasing decisions.
• C)ensure that a single vendor's failure to deliver does not cause a shortage.
• D)bring down costs related to transportation and warehousing.

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Definitions:

Dissolved Boundary

A theoretical or metaphorical concept referring to the blurring or elimination of distinctions between different categories, spaces, or identities.

Entertainment

Activities, events, or performances designed to provide enjoyment, amusement, or leisure to an audience.

Eroding

The process of gradually wearing away or deteriorating, often used metaphorically to describe the weakening of institutions or values.

Public Trust

The degree of confidence that the public has in the capability, integrity, and efficiency of organizations, institutions, or government to fulfill their responsibilities.