___________ Refers to the Raw Materials,component Parts,and Supplies Bought from Outside

question 28

Multiple Choice

___________ refers to the raw materials,component parts,and supplies bought from outside organizations to support a company's operations.

• A)Inbound logistics
• B)Procurement
• C)Materials management
• D)Supply management

---

Definitions:

Perception

The process by which individuals organize and interpret their sensory impressions in order to give meaning to their environment.

Attribution Error

A cognitive bias that occurs when one inaccurately attributes the cause of someone's behavior to their personality or disposition rather than to external factors.

Internal Factors

Elements within an organization that can influence its operation such as company culture, employee skills, and internal processes.

External Factors

Outside influences or conditions that can affect the performance and strategies of a business, beyond its direct control.