It Is Especially the Case for Small Businesses That Closer

question 11

Multiple Choice

It is especially the case for small businesses that closer interactions and increased agility make __________ relatively more attractive.

• A)domestic suppliers
• B)centralized purchasing
• C)global suppliers
• D)decentralized purchasing
• E)risk transfer

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Definitions:

Cash Discount

An incentive offered by sellers to encourage prompt payment, typically a percentage reduction from the invoice price if paid within a specified period.

Concrete Slab

A large, thick, flat piece of concrete, used as a base for construction projects such as floors, roads, or foundations.

Acquisition Cost

Acquisition Cost refers to the total cost incurred to obtain an asset, including the purchase price and all associated expenses such as delivery and installation.

Self-Constructed Asset

A self-constructed asset is an asset that is built and created by a company using its own workforce and resources rather than purchasing it pre-made from another source.