A/An ____ Is a Key Individual or Unit That Controls

question 49

Multiple Choice

A/An ____ is a key individual or unit that controls substantial indirect spending and that typically has a position of great authority within the organization.

• A) purchasing consortium
• B) maverick spender
• C) 3PL
• D) power spender
• E) kanban

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Definitions:

Open-system Perspective

An open-system perspective views organizations as entities that interact with their external environments, exchanging resources, and being influenced by external factors.

Multivariate Decision

A decision-making process that involves considering multiple variables or factors simultaneously to reach a conclusion or solution.

Contingency Approach

A management theory that suggests the most appropriate form of decision making, leadership, or organization is dependent on the specific variables of the situation.

Production-oriented Management

This approach to management prioritizes the efficiency of the production process and output over other factors, focusing on high production rates and cost minimization.