In Its Attempts to Source the Best Raw Materials,Enfi Computers,a

question 53

Multiple Choice

In its attempts to source the best raw materials,Enfi Computers,a computer manufacturer,has associated with 30 suppliers spread across 14 nations.Microchips,an integral part of any computer,are procured exclusively from a supplier in a different country.Enfi Computers has obtained an approval for this no-bid contract from its government and protected its supplies from any potential modifications caused by competing suppliers.Enfi Computers has resorted to _____ for its supply of microchips.

• A)benchmarking
• B)test marketing
• C)competitive bidding
• D)sole sourcing

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Definitions:

Work Week

A fixed, regular schedule during which an individual is employed to work, typically consisting of 40 hours spread across five days in many countries.

Expenses

Expenses refer to the outflows or consumption of assets or incurrence of liabilities during an accounting period, stemming from activities that drive revenue.

Income

Earnings obtained from work, investments, or business operations, reflecting the financial gain.

Net Income

Net Income is the total earnings or profit of a company after subtracting all expenses from revenue, indicating the financial performance over a specific period.