Firms Can Be Categorized by the Type of Purchasing Strategy

question 14

Multiple Choice

Firms can be categorized by the type of purchasing strategy used._____ consider numerous,even unfamiliar suppliers and solicit and analyze options.

• A) Satisficers
• B) Strivers
• C) Optimizers
• D) Actualizers
• E) Innovators

---

Definitions:

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations, including all great powers, organized into two opposing military alliances: the Allies and the Axis.

Eric Foner

A prominent American historian, recognized for his scholarly contributions to the understanding of American history, particularly the Civil War and Reconstruction periods.

Ethnic Minorities

Refers to groups within a larger society that have distinct cultural, linguistic, religious, or racial characteristics, which differ from the majority population.

Asian-Americans

A diverse group of Americans of Asian descent, who trace their roots to various countries in Asia.