Moderate- to High-Risk Purchases with Low to Moderate Levels of Spend

question 36

Multiple Choice

Moderate- to high-risk purchases with low to moderate levels of spend are categorized as:

• A)Noncritical.
• B)Leverage.
• C)Bottleneck.
• D)Strategic.

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Definitions:

Observable Symbols

Tangible or visible indicators that represent abstract concepts, values, or identities within a culture or organization.

Organizational Culture

The collective norms, values, and beliefs that define and shape a company's work environment and employee behavior.

Assumptions

Assumptions are underlying beliefs or ideas that people take for granted without verification.

Artifacts

Objects made by human beings, typically with cultural or historical interest; in organizational culture, these can also include symbols, rituals, and practices.