Single sourcing for a product is used to
A) guarantee the supplier sufficient business when the supplier has to make a significant buyer-specific investment.
B) ensure a degree of competition.
C) ensure the possibility of a backup should a source fail to deliver.
D) control all possible sources of supply in the market.
Correct Answer:
Verified
Q43: Sourcing a product overseas may have
A)higher product
Q44: W.W.Grainger and McMaster Carr stock products from
Q45: Quantity discounts lower the unit cost
A)but tend
Q46: The viability of suppliers is especially important
Q47: Scoring the performance of suppliers in terms
Q49: The goal of procurement is
A)to analyze spending
Q50: Using a third party requires a firm
Q51: The selection of suppliers,design of supplier contracts,product
Q52: Consider the factors influencing total cost and
Q53: A third party increases the supply chain
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