Which of the Following Impersonal Sources Enable Purchasing Mangers to Easily

question 176

Multiple Choice

Which of the following impersonal sources enable purchasing mangers to easily search for potential new suppliers?

• A) Trade shows
• B) Supplier Web sites
• C) Consultants and outside experts
• D) Salespeople
• E) Special publicity features by local news reporters

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Definitions:

Statute of Limitations

A law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.

Consideration

The value (such as money, services, or goods) that is exchanged between parties in a contract, serving as the essential reason for a party entering into a legal agreement.

Binding Requirement

A legal or formal obligation that parties must adhere to.

Undue Influence

The excessive pressure or influence exerted by one person over another to persuade or coerce them into making decisions that may not be in their best interest.