Multiple Choice
A company that had been using single sourcing decided to add a second supplier for one of its key raw materials.Which supply management goal does this BEST accomplish?
A) Fostering sustainability.
B) Reducing total costs.
C) Identifying,assessing,and mitigating supply chain risk.
D) Accessing technology and innovation.
Correct Answer:
Verified
Correct Answer:
Verified
Q44: A legally binding document that signals to
Q45: Many companies are automating the procure-to-pay process
Q46: An online auction used for sourcing:<br>A)Typically drives
Q47: A primary reason for using global suppliers
Q48: Negotiation is typically used when:<br>A)Price is the
Q50: Competitive bidding should be used when:<br>A)There is
Q51: Jones Company has identified an item for
Q52: Stainless steel is an important raw material
Q53: The capability to resist and recover from
Q54: A global food products company makes soups