Author Question: A/An _____ is created by buyers from various businesses to pool their buying power together in order ... (Read 114 times)

penza · **on:** Jun 29, 2018

A/An _____ is created by buyers from various businesses to pool their buying power together in order to reduce prices.
a. kanban
b. purchasing consortium
c. collaborative buyer-supplier relationship
d. reverse auction
e. zero-based budgeting

Question 2

IBM has always had a geocentric orientation.

Indicate whether the statement is true or false

atrochim · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

b

Answer to Question 2

F
IBM has changed its orientation from polycentric to geocentric recently, when it went through a massive reorganization. Under the old system, a corporate customer with operations in several countries had to contract with small IBM offices in each country, and each IBM office had its own regulations; the reorganization placed IBM's employees into 14 customer-focused groups, such as financial services, entertainment, and oil and gas, to be able to work with a central sales office.