Chet is the purchasing manager for an art supply wholesaler.Each time he needs to order a new supply of picture frames,he reorders from his existing suppliers rather than from new sources.Chet's decision is probably influenced by the ___________ associated with purchasing from new suppliers.

Question

Quizplus · Accepted Answer

Chet's reluctance to order from new suppliers suggests concern about the perceived risk associated with trying out new suppliers. Perceived risk can include concerns about the quality of the products, potential delays, or the reliability of the new suppliers.

Chet Is the Purchasing Manager for an Art Supply Wholesaler