In supplier evaluation, reliability refers to the different individuals or groups reviewing
the same items and measurement scales will arrive at the same conclusion.
a. True
b. False
A/An _____ is a method or scheme devised for making or doing something to achieve a
desired end.
a. want
b. objective
c. BATNA
d. plan
e. position
A PBL agreement and a SLA are similar concepts.
a. True
b. False
There is minimal likelihood that retaliation or escalation will occur if the power
structure shifts unfavorably in the future.
a. True
b. False
A/An _____ can only be changed or canceled upon agreement of all parties.
a. compensation trade
b. revocable letter of credit
c. buy-back
d. optional commission
e. irrevocable letter of credit
Which of the following is not one of the factors that drive global sourcing performance?
a. Centrally coordinated and centrally led decision making.
b. Site-based control of operational activities.
c. Ability to speak multiple foreign languages.
d. Sourcing and contracting systems.
e. International purchasing office support.
External relationship management begins with internal relationship management:
internal alignment is key.
a. True
b. False
The TQM-focused organization must look at increasing process variation and seeking
innovation in both product and process.
a. True
b. False
In should-cost modeling, the _____ provides a high level view of the supply chain, and
then the suppliers primary cost elements are broken down into material, labor,
overhead, transportation freight, inventory cost, maintenance costs, and others.
a. PPI
b. value stream map
c. target price
d. product specification
e. None of the above.
Most purchasing experts will agree that there is only one best way to evaluate and select
suppliers.
a. True
b. False
B2B marketers are using Facebook and other social networking providers such as
LinkedIn to facilitate the sales process.
a. True
b. False