Which of the Following Is Not a Reason That Purchasers

question 56

Multiple Choice

Which of the following is not a reason that purchasers are adopting a more proactive and aggressive role in the procurement process?

• A)There are myriad inefficiencies associated with suppliers initiating marketing efforts toward purchasers.
• B)They are achieving a competitive advantage in the supply chain.
• C)An excess number of suppliers currently exists.
• D)Purchasers may be aware of important benefits that are not known to the supplier.

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Definitions:

Progressive Tax

A tax system in which the tax rate increases as the taxable income or amount increases.

Regressive Tax

A tax system where the tax rate decreases as the taxable amount increases, disproportionately affecting lower-income earners.

Progressive Taxation

The tax as a percentage of income increases as income increases.

Proportional Taxation

The tax as a percentage of income remains constant as income increases; also called a flat tax.