Question: Which statement best describes the purchasing profile known as optimizers? a . They refrain from the act of soliciting new bids. b . They choose

Which statement best describes the purchasing profile known as optimizers?
a. They refrain from the act of soliciting new bids.
b. They choose the first supplier that meets their minimum product expectations.
c. They choose to settle for mediocrity if it speeds up the buying process.
d. They consider numerous suppliers and study all proposals carefully before selecting.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

In the context of purchasing profiles, which of the following statements is true of optimizers? a . They refrain from the act of soliciting bids. b . They choose the first supplier that meets their...

Q:

Please help with the assigned discussion. The hyperlinks are attached. MY COMPANY IS WALMART Assigned Discussions: 1. Develop and explain a recommended corporate strategy for the selected company....

Q:

I need the multiple choice questions answers from chapter 4 and 5 of the attached & Monograph...

Q:

Need help with these multiple choice questions for internal audit final exam. Due in 2 hours. QUESTION 1 RsQ_004Without management direction and assumption of responsibility, it would be...

Q:

BCO 313: Negotiation at Work Anne Dwyer: a.dwyer@euruni.edu Negotiation at Work \"Managers and executives negotiate constantly over issues as varied as hiring decisions and purchases, corporate...

Q:

CIS 620/B Project Plan For the Global Collaboration Enterprise Information System 1200 12th Avenue, Suite 1200 Seattle, Washington 98114 U.S.A. November 11, 2015 Draft Version 19.0 November 11, 2015...

Q:

Multiple choice questions 1.International trade finance instruments, risk insurance, international financial institutions and aid agencies, and risk transfer are all different risk mitigation options...

Q:

Conduct an internet search to find an organization that lists its mission and vision statement on its website. What do the mission and vision statements communicate? How might the organization use...

Q:

CASE 1 Ann owns a shop selling prints. She placed an advertisement in the Friday edition of her local paper stating: 'Unique opportunity to own an original Bell print for 500 cash. One only...

Q:

Please answer the following questions - T/F and MCQs. Answer the following MCQ and True/False Questions. There are some unique costs that the exporters need to consider with international...

Q:

Estimate the instantaneous rate of change of f(x)=cos(-x)+4 at x=0. a) f 4 Ar b) -1 Ar c) -1 Ar d) 4 Ar

Q:

Assume that banks must hold a 2 percent reserve percentage against transaction account balances up and including $40 million. For transaction accounts above $40 million, the required reserve...

Q:

No chatgpt tool. Which of the following is considered a risk-free investment? A) Corporate bonds B) Treasury bills C) Preferred stocks D) Real estate

Q:

Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 par value. Your required return on Bond X is 12%; if you buy it, you plan to hold it for 5 years. You (and the...