If You Are Evaluating Whether a Supplier's Workforce Is Receiving

question 5

Multiple Choice

If you are evaluating whether a supplier's workforce is receiving fair wages,you are most likely doing a(n) :

• A)Spend analysis.
• B)Assessment of sustainability.
• C)ISO 9000 assessment.
• D)Total cost of ownership assessment.

---

Definitions:

Utility Function

A mathematical representation that describes how consumers rank preferences among different commodity bundles.

Campers' Utility

A hypothetical measure of the satisfaction or happiness that campers gain from participating in camping activities or utilizing camping facilities.

Externalities

Economic side effects or consequences that affect uninvolved third parties; can be either positive or negative.

Groschens

A historic European coin of small denomination, particularly used in Austria and Germany.