A fundamental criterion in vendor selection is the vendor's ability to meet contractual obligations including delivery times and service schedules.This concept is called ______

Question

Quizplus · Accepted Answer

The concept described in the question, which is the ability of the vendor to meet contractual obligations, is known as reliability. Dependability and sustainability are related concepts, but not the best choices for this particular question. Supplier choice is not an accurate description of the concept being asked. Therefore, option C, reliability, is the best choice for this question.

A Fundamental Criterion in Vendor Selection Is the Vendor's Ability