Jefferson Wainright Is Happy Over the Growth of the Company

question 98

Multiple Choice

Jefferson Wainright is happy over the growth of the company.As manager of production floor he wants to expand with another workstation to increase the capacity of the floor.Jefferson creates a buying center to evaluate various combinations of machines for the new station.The buying center gives him a list of the machine preferences ordered from 1 to 3.After reviewing the list, he orders machine 2 due to the past experience with the manufacturer.Jefferson is playing the role of a _________.

• A) Gatekeeper
• B) Manager of purchasing
• C) Influencer
• D) Manager of the floor
• E) Decider

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Definitions:

Holder in Due Course

A party that holds a negotiable instrument (like a check or promissory note) and has acquired it under certain conditions, providing the holder with certain rights free of many defenses.

Assigned Contractual Rights

The transfer of one party's rights under a contract to another party, allowing the assignee to benefit from the contract.

Purchaser

An individual or entity that buys goods or services.

Quality of Goods

The degree to which goods meet the specified or implied criteria, often assessed in terms of durability, reliability, and performance.