Poor Performance on a Contract May Result in a Supplier's

question 154

Multiple Choice

Poor performance on a contract may result in a supplier's name being dropped from the buying organization's:

• A)bidders' list.
• B)Christmas card list.
• C)vendor-rating sheet.
• D)supplier's sheet.

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Definitions:

Function Of Money

Refers to the main roles of money in an economy, which include being a medium of exchange, a unit of account, a store of value, and sometimes, a standard of deferred payment.

Functions Of Money

Money serves as a medium of exchange, a measure of value, a standard of deferred payment, and a store of wealth.

President

The elected head of a republican state or the executive leader of an organization, company, club, or other governing body.

New York Fed

A key component of the Federal Reserve System, responsible for regulating and implementing monetary policy in the Federal Reserve District of New York.