Vendor Analysis

question 115

Multiple Choice

Vendor analysis:

• A) Has the sole objective of getting the lowest possible price on a particular product or service from the supplier.
• B) Does not take into account the behavioral needs of purchasing managers and others involved in the buying decision.
• C) Is a formal rating of suppliers on all relevant areas of performance.
• D) All of the above.
• E) A and C only.

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Definitions:

Domestic Abuse

A pattern of behavior in any relationship that is used to gain or maintain power and control over an intimate partner.

Biofeedback

A technique that trains people to improve their health and performance by controlling physiological processes that are normally automatic, such as heart rate or blood pressure.

Operant Conditioning

Modification of behavior strength through the calculated use of either incentives or disciplinary actions.

Token Economy

A system of behavior modification based on the systematic reinforcement of target behavior, using tokens as conditional reinforcers which can be exchanged for rewards.