On Occasion,firms Assist Suppliers,new or Old,to Improve Their Processing Capabilities,product

question 37

Multiple Choice

On occasion,firms assist suppliers,new or old,to improve their processing capabilities,product or service quality,delivery effectiveness,and cost performance by providing the required technical and financial assistance.This is referred to as:

• A)Supplier development
• B)Outsourcing
• C)Centralized purchasing
• D)Supplier hybridization

---

Definitions:

English Settlers

The early colonists from England who established settlements in what would become the United States during the 17th and 18th centuries, significantly impacting Native American lands and cultures.

Seventeenth Century

The period from 1601 to 1700, marked by significant developments in various fields such as science, politics, and exploration.

North American

Refers to anything related to the continent that comprises the northern part of America, including Canada, the United States, Mexico, and Greenland.