A _____ is an annual review of a firm's entire set of purchases.
A)cost analysis
B)price analysis
C)make-buy analysis
D)technology roadmap
E)spend analysis

Question

Quizplus · Accepted Answer

A spend analysis is specifically focused on the examination and review of a firm's entire set of purchases. It involves analyzing spend data to identify trends, opportunities, and areas for improvement in a company's procurement processes. Cost analysis and price analysis are more specific types of analysis that focus on individual purchases or product categories, while make-buy analysis and technology roadmap are not directly related to examining a firm's purchases.

A _____ Is an Annual Review of a Firm's Entire