Question

In: Operations Management

(TCO B) All of the below would be considered good selection criteria for a buyer to...

(TCO B) All of the below would be considered good selection criteria for a buyer to use to select a seller, except

financial capacity of seller, overall cost, and warranty offered by seller.
managerial approach of seller, references of seller, and ability of seller to make a reasonable make-or-buy decision.
past work done by seller, intellectual property rights, and risk associated with a given seller.
technical capability of seller, understanding of work by seller, and business type of seller.

Solutions

Expert Solution

The correct option is

Managerial approach of seller, references of seller, and ability of seller to make a reasonable make-or-buy decision.

Managerial approach is the internal factor of the seller, the buyer has nothing to do with it, and further reference of the seller is not evaluative criteria for the buyer. The buyer wants the product at best quality and low price, t has nothing to do with the make or buy decisions for the seller.


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