A _____ specifies how supply management will (1) support the desired competitive business-level strategy and (2) complement other functional strategies.
A)supply management strategy
B)corporate strategy
C)marketing strategy
D)category strategy
E)business unit strategy

Question

Quizplus · Accepted Answer

A supply management strategy is specifically tailored to the procurement function and outlines how it will align with the overall corporate strategy and other functional strategies. A corporate strategy is too broad to solely focus on supply management, while a marketing strategy is focused on promoting and selling products/services. A category strategy is more specific to a particular product or service category, and a business unit strategy focuses on a specific business unit within the organization rather than the entire procurement function.

A _____ Specifies How Supply Management Will (1) Support the Desired