Question: 5 As a purchasing manager, you have to make many purchasing decisions. A The organization's secretary comes to you asking what type of office supplies

5 As a purchasing manager, you have to make many

5 As a purchasing manager, you have to make many purchasing decisions. A The organization's secretary comes to you asking what type of office supplies you want for your employees' desks. This purchasing decision would be considered a item. a. Simple b. Obvious c. Non-critical o O d. Critical e. Easy 6 During the sourcing stage of strategic sourcing, you select the source. True False 7 The Honda BP program is a type of supplier development. True False 8 Honda's BP program involves: a. A formalized approach for teaching the supplier to improve its own processes b. Tight control of suppliers c. Elimination of the bottom 10% of suppliers at the end of the program O d. All of the above e. Only a and b 9 A sensitivity analysis as part of a supplier selection model is a good approach to understand: a. How robust your model is b. What will happen if some of your key assumptions change c. The impact of a supplier price increase on your final costs d. All of the above e. Only a and b f. None of the above

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