Multiple Choice
Which of the following statements is FALSE?
A) More than 50% of each sales dollar typically goes towards covering supply chain costs
B) Decentralized purchasing means not having any purchasing departments and allowing all employees to act as purchasing agents
C) Electronic procurement systems can aid a company in saving both time and money
D) If a firm lacks the technology to make a required component they will need to consider buying/outsourcing.
Correct Answer:

Verified
Correct Answer:
Verified
Q33: Which of the following illustrates Forward Vertical
Q34: Which of the following documents is considered
Q35: The measurement of the impact of change
Q36: Foreign suppliers located farther away may be
Q37: On occasion,firms assist suppliers,new or old,to improve
Q39: The primary goals of purchasing include all
Q40: Decentralized purchasing is the practice where individual,local
Q41: A follow-up is considered a reactive approach
Q42: Benefits derived from implementing e-procurement systems include
Q43: Procurement credit cards can be used for