A company makes custom cabinets for large executive homes.The company sources materials from a number of suppliers to offer a wide range of cabinets and fixtures.Which factors are most relevant when the company sources components from suppliers?
A) price,quality,location,and services
B) price,promptness in paying bills,size,and reputation
C) price,market share,and honest sales representatives
D) price,discounts,warranty,and personnel policies

Question

Quizplus · Accepted Answer

When sourcing components from suppliers, price is always a factor, as it affects the company's profit margins. Quality is important to ensure the final product meets customers' expectations. Location is relevant to ensure timely delivery and minimize transportation costs. Services such as technical support and after-sales service can also be important in building long-term relationships with suppliers. Therefore, factors A are the most relevant. Choices B, C, and D include some relevant factors, but not as comprehensive as A.

A Company Makes Custom Cabinets for Large Executive Homes