Certified Professional in Supplier Diversity (CPSD) Practice Test 11

In the context of supplier diversity, a company is evaluating its procurement strategies to enhance inclusivity and ensure compliance with federal regulations. The company has identified four potential classifications of suppliers based on their ownership structure: minority-owned, women-owned, veteran-owned, and LGBTQ+-owned businesses. If the company aims to allocate 30% of its procurement budget to diverse suppliers, how should it classify its suppliers to meet this goal while also ensuring that each classification is represented proportionally to its overall availability in the market?