With respect to the supplier selection and evaluation process,____ looks at both the internal and external environment within which the supply decision is to be made.

Question

Quizplus · Accepted Answer

Situation analysis looks at both the internal and external environment within which the supply decision is to be made. It includes factors such as the organization's goals, market trends, competition, and regulatory environment. Identifying the need for supply (A) comes before the supplier selection process, while identifying suppliers (B) and evaluating suppliers (D) are steps within the supplier selection process.

With Respect to the Supplier Selection and Evaluation Process,____ Looks