Today,when a Buyer Can't Specify All of the Details of What

question 205

Multiple Choice

Today,when a buyer can't specify all of the details of what it will need in the future,the relationship with a supplier is most likely to involve:

• A) an auction.
• B) a procurement hub.
• C) negotiated contracts.
• D) competitive bids.
• E) all of these are likely to be involved.

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Definitions:

Closed Shop

A workplace where only members of a particular union are hired and where being a member of the union is a condition for employment.

Agency Shop

is a workplace where employees are not required to join the union, but must still pay union dues as the union negotiates on behalf of all employees.

Right-to-work States

States in the USA where laws prohibit union security agreements, allowing employees to work without being compelled to join a union.

Unionize Workers

The process by which workers come together to form a union in order to negotiate collectively with their employers.