Creative Electronics Has an Idea for a New MP3 Accessory

question 164

Multiple Choice

Creative Electronics has an idea for a new MP3 accessory. Now it is looking for a supplier to design and manufacture the product. It will most likely use ______________ buying.

• A) description
• B) negotiated contract
• C) inspection

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Definitions:

Union Structure

The organizational hierarchy and framework governing a labor union, including its administration and member representation.

Conglomerate

A large, multi-industry company composed of various unrelated businesses under a single corporate group.

Parent-Country Nationals

Parent-country nationals are employees who originate from the country where the headquarters of a multinational company is located, often sent abroad to work in the company's foreign operations.

Corporate Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution or organization, influencing the behavior of individuals within it.