Multiple Choice
Which of the following is not a typical advantage of local buying?
A) Closer cooperation between buyer and seller is possible
B) Shortages are less likely
C) Delivery dates are more certain
D) Lower prices can result from consolidated transportation and insurance
E) Shorter lead times reduce inventory
Correct Answer:
Verified
Correct Answer:
Verified
Q24: The strategic sourcing plan should be developed
Q25: Two benefits of supply base reduction cited
Q26: Development of suppliers is one of the
Q27: The weighted factor analysis is a useful
Q28: Conflicts of interest exist when supply managers
Q30: Many forces motivate a buying firm to
Q31: In the discovery stage of the strategic
Q32: Two-Step Bidding/Negotiation is used in situations where
Q33: Solicitation of either an IFB or RFP
Q34: Which of the following is not typically