Which One of the Following Statements Is TRUE About a Competitive

question 143

Multiple Choice

Which one of the following statements is TRUE about a competitive orientation in supplier relationships?

• A) It tends to emphasize short-term advantages over long-term commitments.
• B) The supplier gains repeatability and can move toward a line flow process.
• C) The supplier is obliged to offer the lowest possible price every time.
• D) The supplier is obliged to deliver the material in the shortest possible time, every time.

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Definitions:

Estimated Taxes

Periodic advance payments of taxes on income that is not subject to withholding, such as earnings from self-employment, interest, dividends, and rental income.

FUTA Tax

Federal Unemployment Tax Act tax, a payroll or employment tax paid by employers to fund state workforce agencies.

Withholding Allowances

A specified number on an employee's W-4 form that reduces the amount of money withheld from their paycheck for taxes.

Semimonthly Payroll

A payroll schedule where employees receive their wages twice a month, often on predetermined dates.