Recent research indicates that all of the following are top knowledge areas for purchasers except _____.
A)supplier relationship management
B)total cost analysis
C)supplier analysis
D)consumer behavior
E)competitive market analysis

Question

Recent research indicates that all of the following are top knowledge areas for purchasers except _____.
A)​supplier relationship management
B)​total cost analysis
C)​supplier analysis
D)​consumer behavior
E)​competitive market analysis

Quizplus · Accepted Answer

The other four options are all important knowledge areas for purchasers, as they involve managing supplier relationships, analyzing the total cost of procurement decisions, assessing supplier capabilities and performance, and understanding the dynamics of the competitive market. However, understanding consumer behavior falls more within the domain of marketing and sales, and is not typically a primary concern for procurement professionals.

Recent Research Indicates That All of the Following Are Top