A Study on Ethical Practices in Purchasing Found That Smaller

question 39

Multiple Choice

A study on ethical practices in purchasing found that smaller firms frequently make agreements with other organizations to purchase each other's goods and services.(This occurs much more frequently with small firms rather than larger firms.) This practice is referred to as

• A)exclusive dealing.
• B)review marketing.
• C)reciprocity.
• D)transactional relationships.
• E)tying arrangements.

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Definitions:

Low Validity

Refers to the extent to which an instrument, test, or study fails to accurately measure what it is intended to measure.

Case Study Method

A research method that involves an in-depth investigation of an individual, group, or event to explore causation and find underlying principles.

Strengths

Positive attributes or characteristics of an individual that contribute to their capability and potential.

Limitations

The boundaries or constraints that define the scope or extent of something's possibility or application.