The most fundamental criterion in vendor selection is ________.
A) degree of affiliation
B) risk tolerance
C) reliability
D) location
E) intangibility

Question

Quizplus · Accepted Answer

Reliability is the most fundamental criterion in vendor selection as it ensures that the vendor can consistently deliver the products or services as per the agreed terms and conditions. All other criteria may become irrelevant if the vendor is not reliable. Degree of affiliation, risk tolerance, location, and intangibility are relevant factors but are not as important as reliability.

The Most Fundamental Criterion in Vendor Selection Is ________