Question: Consider the Kraljic matrix for spend classification. Please select the Kraljic classification category the following statements most likely refer to ( NC = non critical;
Consider the Kraljic matrix for spend classification. Please select the Kraljic classification category the following statements most likely refer to NC non critical; S strategic; L leverage; B bottleneck
Note: If you think that the statement applies to more than one quadrant, select the one that you think is most likely to be the answer and then justify it in the next question.
For categories that fall in this quadrant, single sourcing is often a forced choice for the sourcing structure: Select NCSLB
For categories that fall in this quadrant, a company should engage with several suppliers and stimulate price competition: Select NCSLB
For categories that fall in this quadrant, it is important, although difficult, to protect the company from the risk of supply disruption: Select NCSLB
For categories that fall in this quadrant, global sourcing is usually less adopted because of the higher administrative costs that managing global suppliers would determine: Select NCSLB
For categories that fall in this quadrant, collaborative relationships are suitable but only if they benefit the buyer, as the buyer has the most bargaining power: Select NCSLB
For categories that fall in this quadrant, collaborations between buyers and suppliers should be established to achieve complementary benefits and superior returns from the relationships: Select NCSLB
For categories that fall in this quadrant, buyers should plan that agreements would likely end up in suppliers favor: Select NCSLB
For categories that fall in this quadrant, buyers should plan that agreements would likely end up in their favor: Select NCSLB
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