A certain firm chooses to rely on a single supplier for all its raw material needs to improve input efficiencies. Which of the following would most weaken the argument for this method?
A) A larger number of suppliers lead to fewer product quality concerns.
B) The supplier may raise prices or suddenly delay supplies.
C) The quality and packaging of ingredients remains consistent.
D) Most companies prefer to deal with multiple suppliers rather than a single supplier.
E) Having a single supplier rather than multiple suppliers increases coordination time.
B
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When an agency checks to see if units under their jurisdiction are following safety laws and rules, that is known as a(n):
A) job hazard analysis B) citation C) operational safety review D) safety awareness program
Which of the following buys products in foreign markets and then sells them for resale in its home country?
A) Importer B) Exporter C) Multinational firm D) International firm E) Direct foreign investor