Question: A _ _ _ _ _ specifies how a group tasked with developing the strategy for the specific category being purchased will achieve goals that

A _____ specifies how a group tasked with developing the strategy for the specific category being purchased will achieve goals that in turn will support higher level strategies.
Question 41 options:
A)
functional strategy
B)
corporate strategy
C)
business unit strategy
D)
category strategy
E)
None of the above.
Question 42(1 point)
Listen
In supplier evaluation, a _____ includes those systems that release, schedule, and control the flow of work in an organization.
Question 42 options:
A)
logistics system
B)
cost accounting system
C)
traffic management system
D)
planning and control system
E)
warehouse management system
Question 43(1 point)
Listen
The goal of _____ is to be able to understand, identify, and exploit cost savings opportunities that may have been overlooked by business unit managers or even by suppliers in bringing the products and services to the appropriate location.
Question 43 options:
A)
Marketing research
B)
Make-buy analysis
C)
Value chain analysis
D)
Price analysis
E)
Cost analysis
Question 44(1 point)
Listen
The key to good market intelligence is to _____ data, which means to explore, compare, and contrast data from multiple sources before it can be validated.
Question 44 options:
A)
triangulate
B)
minimize
C)
gather
D)
collect
E)
assemble
Question 45(1 point)
Listen
A/An _____ is a formal request for the suppliers to prepare bids, based on the terms and conditions set by the buyer.
Question 45 options:
A)
RFQ
B)
purchase order
C)
RFI
D)
supplier analysis
E)
e-RA

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