A supplier is an external stakeholder that

A. competes for customers or resources.
B. helps a company sell its goods and services to customers.
C. joins forces with another company to achieve advantages that neither can achieve on its own.
D. rescinds tax breaks when firms don't deliver promised jobs.
E. provides raw materials, services, equipment, labor, or energy.


E. provides raw materials, services, equipment, labor, or energy.

A supplier is a person or an organization that provides supplies like raw materials, services, equipment, labor, or energy to other organizations.

Business

You might also like to view...

In terms of using cookies on computers to gather information, marketers must balance the need for information with the concern for costs and legal action

Indicate whether the statement is true or false

Business

Answer the following statement(s) true (T) or false (F)

1. Groups with fewer than three people tend not to derive the benefits of a collaborative team, and teams with more than seven people tend to have communication and control issues. 2. The effectiveness of work teams depends on how well they are managed and treated within the organization. If mismanaged, they can cause more harm than good. 3. A cross-functional team consists of a small group of workers who come together for a set amount of time to discuss and resolve specific issues. 4. The authors of this textbook, Chris Neck, Jeff Houghton, and Emma Murray, were used as an example of a virtual team. 5. One classic way of understanding teams and their effectiveness is to consider teams in terms of the contextual influences that affect their functioning, their composition, the processes they use, and the outcomes they achieve.

Business

What were the advantages of implementing WIP?

What will be an ideal response?

Business

No one could turn around a failing restaurant as expertly as Gordon, whose experience and cadre of trained professionals was available at a moment's notice should his services be needed

This ability, some might call it a gift, was developed to such a level that other restaurant consultants were unable to match his results. This ability is best described as his: A) business strategy. B) core competency. C) mission statement. D) operations and supply chain strategy.

Business