Multiple Choice
All of the following are reasons for suppliers preferring long-term contracts except _____.
A) the supplier receives better scheduling information, which in turn helps the supplier's production area improve efficiency and materials planning
B) detailed projections of volumes and delivery dates allow the supplier to better budget the flow of funds and investment stemming from the expectation of continued future volume
C) the supplier's organization lowers unit costs because fixed costs are spread out over the term of the contract
D) the supplier can afford to pay its workforce higher wages to increase productivity
E) the supplier can realize lower administrative costs over the term of the contract.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: The _ clause of a contract defines
Q25: A/An _ is an agreement that typically
Q26: _ is defined as the submission of
Q27: One of the leading causes for failure
Q28: The _ clause of a contract specifies
Q30: A/An _ clause allows the buyer (and
Q31: [A/An] _ is an intervention between conflicting
Q32: It is typically easy to go back
Q33: The _ clause of a contract defines
Q34: The most basic contractual pricing mechanism is