Multiple Choice
About 70 percent of the opportunity for value improvement lies in:
A) supplier selection and contract negotiations.
B) evaluation of potential suppliers and supplier selection.
C) identification and evaluation of potential suppliers.
D) specification and identification of potential suppliers.
E) need identification and specification.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Capital assets:<br>A)are not bought and sold in
Q2: Supply chain risks may be:<br>A)operational.<br>B)financial.<br>C)reputational.<br>D)operational and financial.<br>E)operational,financial
Q3: A non-repetitive purchase,such as a $5 million
Q5: Early supply and supplier involvement:<br>A)is seldom necessary
Q6: When a specification is formulated by the
Q7: The inability to store services:<br>A)means timing is
Q8: When using performance or function specification as
Q9: A requirement typically is considered strategic if
Q10: Simplification is:<br>A)essentially a technical and engineering concept.<br>B)an