Standardization is a technical concept that means agreement on the definite sizes,design and quality of a product or service.
Correct Answer:
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Q5: A criterion in establishing whether a purchase
Q6: Description by brand:
A)is the least risky and
Q7: The disadvantages of buying with specifications include:
A)the
Q8: New technology:
A)seldom contributes to competitive advantage or
Q9: It is common practice to specify the
Q11: An advantage of buying by performance or
Q12: Purchasing by specification typically occurs when:
A)there are
Q13: Traditional criteria for supply management are:
A)quality,quantity,delivery and
Q14: When a specification is widely known,commonly recognized
Q15: Capital assets:
A)have an expected use of less
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