Multiple Choice
Which of the following best describes backward integration?
A) sell products to a supplier or a distributor
B) develop the ability to produce products that complement the original product
C) produce goods or services previously purchased
D) develop the ability to produce the specified good more efficiently than before
E) build long-term partnerships with a few suppliers
Correct Answer:
Verified
Correct Answer:
Verified
Q16: _ postpones final assembly of a product
Q17: What are the four stages of supplier
Q18: Of all areas of the organization, why
Q19: Identify and describe briefly the six sourcing
Q20: What is e-procurement?
Q22: A disadvantage of the "few suppliers" sourcing
Q23: Japanese manufacturers often pursue a strategy that
Q24: Benchmark firms have driven down costs of
Q25: With cross-sourcing, how many suppliers provide each
Q26: While freight rates are often based on