With Respect to the Figure Below, Which Choice Correctly Identifies

question 9

Short Answer

With respect to the figure below, which choice correctly identifies all the numbered positions?

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Definitions:

Suppliers

Entities that provide goods or services to another organization, usually in a business-to-business relationship.

Vendor Evaluation

The process of assessing and reviewing suppliers based on factors such as price, quality, service, and reliability to ensure they meet the company's standards and requirements.

Vendor Selection

The process of evaluating and choosing suppliers for goods or services based on criteria such as price, quality, and reliability.

Vendor Development

The process of improving and enhancing the capabilities of vendors to meet the procuring organization's supply chain requirements.