Identify which of the following is NOT considered vital when choosing a supplier*1 pointWhether or not the supplier is ethical and socially responsible in the way it does businessThe quality of the goods offered by the supplierThe market share held by the supplierThe price of the goods offered by the supplier

Which of the following factors is not involved in supplier rating?  A. Quality  B. Price  C. Proximity  D. Performance

Powerful suppliers capture more value by charging higher prices, limiting quality or services, or shifting cost to industry participants. Which of the following supplier-related factor will impose constraints on the profitability of the industry participants?Group of answer choicessuppliers depend heavily on the industrysuppliers are less concentrated than industry participantscredible threat of forward integrationmany substitutes being available for supplier products

Name the 4 most important factors for businesses when choosing suppliers:

Multiple Choice QuestionA manufacturer made the decision to buy less expensive component parts from a supplier which resulted in the reduced quality of its products. As a result, company sales dropped and many retailers refused to carry the product line. This is an example of: Multiple choice question.the importance of always using the most expensive supplies in production.how negative judgments can affect an organization's ability to achieve its goals.ethical misconduct by the supplier.a company being unethical but socially responsible.

According to the law of supply, quantity supplied and price are _____ related.Multiple choice question.negativelypositively