Single Sourcing Consolidates Purchase Volume with a Single Supplier in Hopes

question 28

Multiple Choice

Single sourcing consolidates purchase volume with a single supplier in hopes of increasing cooperation and communication in the supply relationship as well as ____.

• A)Greater supply risk mitigation
• B)Increased amounts of competition
• C)Improved market intelligence
• D)Lower costs per unit

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Definitions:

Middle Adulthood

A stage of life, typically defined as the period between ages 40 to 65, characterized by stability, maturity, and increased responsibility.

Decline

A gradual decrease in quality, quantity, or importance of something over time.

Strength

The quality or state of being physically strong, or the capacity to endure or resist challenging circumstances.

SIDS

Sudden Infant Death Syndrome, the unexplained death of a seemingly healthy baby during sleep, primarily affecting infants less than a year old.