Supplier assessment and feedback allows the organization to determine supplier performance in terms of quality and service. Which form of cost management is a quality-related term that encompasses the physical aspects of a product, its desired performance, and its appropriateness of application?
A)Improved form, fit, and function.
B)Improved quality and use.
C)Administrative savings and heightened quality.
D)Easier use and improved capability.

Question

Quizplus · Accepted Answer

Improved form, fit, and function is a form of cost management that encompasses the physical aspects of a product, its desired performance, and its appropriateness of application. The remaining answers do not define forms of cost management; rather they focus on improved quality and use, easier use and improved capability, and administrative savings and heightened quality.

Supplier Assessment and Feedback Allows the Organization to Determine Supplier