Which of the following should be addressed by a contract strategy?
A) Profitability of suppliers.
B) Outsourcing potential.
C) Competitor analysis.
D) Buying on contract or buying on spot.

Question

Which of the following should be addressed by a contract strategy? 
A) Profitability of suppliers. 
B) Outsourcing potential. 
C) Competitor analysis. 
D) Buying on contract or buying on spot.

Quizplus · Accepted Answer

Contract strategy pertains to the decision between buying goods or services on a contract or on a spot basis. The other options are important considerations in procurement and supply chain management but are not directly related to contract strategy.

Which of the Following Should Be Addressed by a Contract