_____ refers to buying raw materials, components, or services from one supplier exclusively, rather than buying from two or more suppliers.
A)Open-sourcing
B)Multisourcing
C)Sole-sourcing
D)Home-sourcing
E)Outsourcing

Question

Quizplus · Accepted Answer

Sole-sourcing refers to the practice of purchasing goods or services from only one supplier, rather than diversifying suppliers. This can be due to the unique capability of the supplier, a strategic partnership, or cost considerations.

_____ Refers to Buying Raw Materials, Components, or Services from One