Multiple Choice
Which of the following statements supports single sourcing:
A) there is a need to reduce supplier dependence on the buying organization.
B) there is a high probability of a devastating natural disaster.
C) there is a patent involved.
D) there is volatility in the supply market.
E) concerns exist about supplier capacity for future volume.
Correct Answer:
Verified
Correct Answer:
Verified
Q9: Reverse marketing is:<br>A) encouraged by the rapid
Q10: Small suppliers:<br>A) are most suited for large
Q12: Portfolio or quadrant analysis:<br>A) may be used
Q12: Supplier development initiatives may be focused on
Q13: Social problems should not be addressed through
Q14: In the context of supplier selection decisions,
Q15: To avoid risk, a buyer can:<br>A) hedge
Q16: Distributors, wholesalers, and retailers:<br>A) never add enough
Q17: Loss exposure can be reduced by matching
Q18: The buyer's assessment of the risk associated