Which of the following are internal factors in supplier decision-making? Choose two.

Which of the following are internal factors in supplier decision-making? Choose two.
A . Extent of competition in the marketplace
B . Cost of production
C . Shareholder and managerial expectations of profit
D . Customer perceptions of value

View Answer

Answer: B, C

Explanation:

Cost of production, and shareholder and managerial expectations of profit, are both internal factors in decision-making. Although shareholders may be outside the firm, management will condition shareholders’ expectations. Customer perception of value and the extent of marketplace competition are significantly outwith the control of the company.