In the portfolio matrix, characteristics of goods and services in the leverage quadrant are:
A) competitive supply market, substitution is possible, price per unit is important.
B) competitive supply market, substitution is possible, and total cost is a primary focus.
C) few suppliers with adequate capability so substitution and switching are difficult.
D) item substitution is possible, switching is difficult, and many suppliers are available.
E) item substitution and supplier switching are possible, but few suppliers are capable.
Correct Answer:
Verified
Q1: Portfolio or quadrant analysis:
A) may be used
Q2: Supplier development initiatives may be focused on
Q4: Small suppliers:
A) are most suited for large
Q5: To avoid risk, a buyer can:
A) hedge
Q6: The preferred hierarchy of supply chain strategies
Q7: Site visits to suppliers are of little
Q8: The question of how much of a
Q10: Distributors, wholesalers, and retailers:
A) never add enough
Q11: Supply management's role in environmental considerations is:
A)
Q29: The buyer's assessment of the risk associated
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