Multiple Choice
All of the following are examples of how supply management should monitor and anticipate activity in its supply market except _____.
A) ensuring that cost accounting keeps track of historical prices paid
B) forecasting long-term supply and prices for its basic commodities
C) monitoring technological innovations that impact its primary materials or make substitute materials economically attractive
D) evaluating not only its existing suppliers but also other potential suppliers
E) providing timely visibility to new-product requirements
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The term _ refers to the set
Q3: The use of cross-functional sourcing teams guarantees
Q4: Outsourcing products through low cost country sourcing
Q5: Using _, suppliers are provided with functional
Q6: Many companies are encouraging suppliers to provide
Q7: In forward-thinking enterprises, supply management seldom plays
Q8: In collaboration, the relationship is bilateral; both
Q9: Organizations should use teams selectively because of
Q10: Cross-functional sourcing teams that incorporate supplier participation
Q11: Because the links between operations and supply