Ken,a Buyer for Miller Construction,is Willing to Sacrifice Fewer Product

question 16

Multiple Choice

Ken,a buyer for Miller Construction,is willing to sacrifice fewer product variations,fewer delivery locations and less technical support from his supplier in exchange for reduced prices.This is an example of:

• A)multisourcing
• B)target pricing
• C)procurement orientation
• D)defeaturing or cooperative pricing

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Definitions:

Resistance To Change

The tendency of individuals or organizations to resist alterations in their current state or environment due to uncertainty or comfort with the status quo.

Overt And Covert

Overt refers to actions or behaviors that are open and observable, while covert implies actions or behaviors that are concealed or hidden.

Individual And Organizational

Pertains to the characteristics and behaviors of a single person and how they interact within a group or corporate structure.

Resistance To Change

Opposition or reluctance to adapt to new procedures, technologies, or conditions within an organization.