To lower costs and reduce manufacturing time, Michelin has people work together on important purchases. These people include individuals in the roles of buyers, deciders, gatekeepers, and others, as needed. This type of cross-functional group is known as a(n)
A. purchasing task force.
B. purchasing committee.
C. sustainable procurement panel.
D. buying center.
E. supply partnership.
Answer: D
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A) an enforceable liquidated damages clause exists in the contract B) the defendant is engaged in the commission of a crime C) the contract will be reviewed using an alternative dispute resolution method if the injunction is not granted D) dollar damages are inadequate and that irreparable harm will be done if the injunction is not granted
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A. principled perspective B. interpersonal accord, conformity, mutual expectations C. instrumental purpose and exchange D. obedience and punishment
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A. spends most of its excess cash to repurchase the stock. B. cannot change its capital structure through such an action. C. becomes more vulnerable to takeovers after the stock repurchase. D. might pay too much for stock that is repurchased. E. makes it difficult for employees to exercise their stock options.
Competitive growth strategies are based on
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