Assessment of a potential supplier's financial situation:
A) is best left to the finance department which will alert supply to any issues that might adversely affect a pending deal.
B) may yield substantial opportunities for negotiating favorable terms for both buying and selling organizations.
C) seldom relies on financial information provided by the supplier.
D) is always necessary and follows a strict protocol no matter what type of purchase or dollar value.
E) is usually unnecessary because it is highly unlikely that a supplier will go out of business,and,even if they do,it is relatively easy to replace a supplier.
Correct Answer:
Verified
Q1: In the portfolio matrix,characteristics of goods and
Q2: Which of the following statements supports single
Q3: A supplier's references:
A)should always be in the
Q4: Sustainability is:
A)the combination of environmental and social
Q5: Reverse marketing:
A)is when the buying organization has
Q6: To avoid risk,a buyer can:
A)hedge in a
Q7: Decision trees:
A)may be useful in making effective
Q9: Small suppliers:
A)are most suited for large dollar
Q10: Supply management's role in environmental sustainability is:
A)expanding
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