All of the following are examples of how supply management should monitor and anticipate activity in its supply market except ____.
A) ensuring that cost accounting keeps track of historical prices paid
B) forecasting long-term supply and prices for its basic commodities
C) mentoring technological innovations that impact its primary materials or make substitute materials economically attractive
D) evaluating other potential suppliers as well as existing suppliers
E) providing visibility to new product requirements

Question

Quizplus · Accepted Answer

Ensuring that cost accounting keeps track of historical prices paid is a reactive approach, rather than anticipatory. The other options involve actively monitoring and anticipating activity in the supply market.

All of the Following Are Examples of How Supply Management