____ refers to the volatility of pricing conditions for major elements of the product,such as raw materials,purchased components,and labor.
A) Supplier's ability to impact costs
B) Component market uncertainty
C) Process or technology uncertainty
D) Total dollar value of the purchase
E) None of these choices.

Question

Quizplus · Accepted Answer

Component market uncertainty refers to the variability in pricing and availability of major elements of products such as raw materials, purchased components, and labor. This uncertainty can affect the cost of goods sold and directly impact profitability.

____ Refers to the Volatility of Pricing Conditions for Major