Supply management:
A)Only focuses on direct materials that are used in a company's products.
B)Is essential for an organization to attain its strategic objectives.
C)Is only involved with supplier selection.
D)Should always strive for the lowest purchase price.

Question

Quizplus · Accepted Answer

Supply management is not just about purchasing goods and services at the lowest price possible. It's a holistic approach that also encompasses supplier selection, relationship management, risk management, and supply chain optimization to contribute to an organization's strategic objectives.

Supply Management