The Greatest Advantage of Buying Component Parts from Independent Suppliers

question 23

Multiple Choice

The greatest advantage of buying component parts from independent suppliers is:

• A) lower costs
• B) offsets
• C) supports TQM
• D) strategic flexibility
• E) increased market penetration

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Definitions:

Satisfaction

The fulfillment or discharge of a debt, obligation, or penalty.

Performance

The execution, completion, or fulfillment of a duty, contract, or other obligation according to its terms.

Breach

A breach is the violation of a law, duty, or other form of agreement, typically referring to a breach of contract.

Obligations

Legal or moral duties that require an individual or entity to act or refrain from acting in a certain manner.