The process by which companies acquire raw materials, components, products, services, and other resources from suppliers to execute their operations is

A) procurement.
B) sourcing.
C) supplier scoring and assessment.
D) supplier selection.

Answer: A

Business

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An advantage of focus groups includes all of the following, EXCEPT

a. spontaneous, unrestricted group interaction among members b. eliciting wide-ranging participant responses c. high reliability of the results d. energetic atmosphere for focus group discussions e. ability to bring together difficult groups who normally would not participate in a study

Business

A large retail store that wants to offer a broader variety of products or services on site than it would otherwise carry would most likely make an arrangement with a(n) ________

A) leased department B) convenience store C) variety store D) factory outlet E) off-price retailer

Business