Supplier Performance Should Be Compared Based on

question 83

Multiple Choice

Supplier performance should be compared based on

• A)purchase price alone.
• B)its impact on total cost.
• C)the supplier's quality of material.
• D)the ability of the supplier to coordinate forecasting and planning.

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Definitions:

Pharmaceutical Sales

The commercial activity involved in promoting and selling medications and medical devices to healthcare professionals and institutions.

Pricing Information

involves details regarding the cost of products or services, which is crucial for consumers making purchasing decisions.

Buying Center

A group of individuals within an organization who are responsible for making purchase decisions.

Initiators

Individuals or groups who identify a need and the potential purchase process begins, setting the buying process in motion within an organization.