Multiple Choice
When a specification is formulated by the buying organization,often on the basis of standards set by governmental or technical societies,it is called a(n) :
A) standard specification.
B) performance standard.
C) individual standard.
D) market standard.
E) customized standard.
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
Q4: About 70 percent of the opportunity for
Q5: Early supply and supplier involvement:<br>A)is seldom necessary
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