Multiple Choice
Which of the following statements is false regarding category strategy?
A) Companies, in the future, will look beyond cost, quality and delivery as purchase category strategy goals.
B) Companies will increasingly use value-focused sourcing approaches to evaluate how a supplier or group of suppliers may be utilized to gain competitive advantage for categories with high business impact.
C) There will be increasing use of value chain mapping, big data, and predictive analytics to better understand industry trends, cost modeling and scenario planning techniques to develop, evaluate, and select from purchase category strategy alternatives.
D) Establishing core competencies and capabilities has influenced the strategic planning process and category strategy development at most firms.
E) Groups of suppliers (versus supply networks) will become an increasing focus of purchase category strategies.
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Different industries change differently.
Q17: Big data combined with the capabilities of
Q18: Overall, future purchasing and supply mission and
Q19: Competition is no longer between fast and
Q20: Metrics to measure supplier innovation contribution, such
Q22: Technology and supplier selection discussion during new-product
Q23: Outsourcing will likely continue, although firms will
Q24: The overall purpose of [a] _ is
Q25: Supply chains are getting longer and more
Q26: There will be increasing use of value