Please let me know correct answer and explain it ! Topic 4 Study guide 1-4 1. When solving disputes in buyer-supplier relationships, which action

Please let me know correct answer and explain it !

Topic 4  Study guide 1-4

1.   When solving disputes in buyer-supplier relationships, which action should be used as a last resort?

a.   Mediation

b.   Arbitration

c.   Going to court

d.   Open communication

e.   Putting yourself in the shoes of the supplier

2.   Which is not one of the conditions for a valid contract?

a.   Offer

b.   Consideration

c.   Meeting of the minds

d.   Purchase price reductions

e.   Legal subject matter

3.   Which is not one of the ways to promote ethical behavior?

a.   Rotating assignments

b.   Having an ombudsman

c.   Inconsistent behavior

d.   Ethical standards and guidelines

e.   Top management support

4.   What is the environmental bottom line concerned with?

a.   Fair wages

b.   Harming the environment as little as possible

c.   Profitability

d.   Safe working conditions

e.   Supporting diverse suppliers