Identify the Reason That Can Be Attributed to the Fact

question 88

Multiple Choice

Identify the reason that can be attributed to the fact that straight rebuys are common among organizations that practice just-in-time inventory.

• A) Straight rebuys allow these organizations to evaluate several vendors before selecting one that is most suitable.
• B) Straight rebuys allow these organizational buyers to get substantially lower prices as just-in-time inventory is characterized by bulk purchases.
• C) Straight rebuys allow these organizations to replenish their goods without having to hunt around for potential suppliers and solicit bids.
• D) Straight rebuys reduce their dependence on suppliers by independently maintaining reserves.

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Definitions:

Exploitation

Exploitation involves taking unfair advantage of individuals or resources usually for personal gain or benefits, often violating principles of equality and justice.

Exploration

The process of investigating new ideas, concepts, or opportunities with the aim of discovering novel solutions or advancements.

Incremental Improvement

A continuous effort to enhance products, services, or processes through small, gradual changes rather than through large, significant innovations.

Failed Change Efforts

Attempts at organizational or societal change that do not achieve their intended outcomes.