Multiple Choice
The advent of supply chain management has led to a more complicated operating environment. Not only does the individual firm have to maintain its ____________ , the entire supply chain must be __________.
A) competitive edge / competitive
B) quality / flexible
C) technological edge / cutting edge
D) market share / competitive
E) quality / cost conscious
Correct Answer:
Verified
Correct Answer:
Verified
Q23: buyer must not only satisfy cost, quality,
Q24: Six sigma suppliers focus on three things.
Q25: The characteristics of buyer-seller relationships exist on
Q26: The development of a strategic purchasing plan
Q27: The two generic competitive advantages- _ -are
Q28: The _ there is in a vendor's
Q29: Purchased inputs offer a potential source for
Q30: In the formulation of purchasing strategy, the
Q32: Supplier lead time affects a firm's flexibility
Q33: long-term relationship provides the ability to _