Match Each Item with the Correct Statement Below

question 38

Multiple Choice

Match each item with the correct statement below.
-The practice of purchasing goods and services from suppliers worldwide is known as _____.

• A)merchandisers
• B)trade industries
• C)remanufacturing
• D)nearshoring
• E)end-use application segmentation
• F)global sourcing
• G)joint demand
• H)inelastic demand
• I)outsourcing
• J)value analysis
• K)gatekeeper
• L)commercial market
• M)reciprocity
• N)vendor analysis
• O)category advisor
• P)modified rebuy
• Q)demographic characteristics based segmentation
• R)influencers
• S)buyer
• T)customer-based segmentation

---

Definitions:

Boundaryless

Refers to organizations or initiatives that operate without fixed limits or barriers in structure or operation, promoting flexibility and innovation.

Teamwork

The joint endeavor of a team to reach a shared objective or finish a task in the most optimal and proficient manner.

Communication

The process of conveying information and meaning between individuals or groups through verbal, non-verbal, or written mediums.

Formal Lines

Established, structured communication channels within an organization, designated for official purposes and messages.