Is an organization better off reducing the number of suppliers to improve efficiencies? a. Yes, fewer suppliers
Question:
a. Yes, fewer suppliers increase time available to cultivate key vendors.
b. No, by reducing suppliers the company is more dependent the remaining suppliers.
c. It is difficult to determine, as the number of processes that provide the goods or services can be more important than the number of suppliers.
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Correct Answer A Explanation Selection of suppliers should ...View the full answer
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Related Book For 
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
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