Question: Please answer all 5 Qs! Will thumbs up! Thank you Which of the following should be avoided in negotiations? O a. Understand the personality of

Please answer all 5 Qs! Will thumbs up! Thank you
Please answer all 5 Qs! Will thumbs up! Thank you
Please answer all 5 Qs! Will thumbs up! Thank you
Please answer all 5 Qs! Will thumbs up! Thank you
Please answer all 5 Qs! Will thumbs up! Thank you Please answer all 5 Qs! Will thumbs up! Thank you
Which of the following should be avoided in negotiations? O a. Understand the personality of the negotiator from the other company O b. Consider longer-term success of both parties c. Never make a concession O d. Define the bargaining mix Which of the following statements in incorrect about strategic cost management? O a. Focal firms should focus on reducing costs on their own. b. Value engineering promotes the substitution of materials and methods with less expensive alternatives, without sacrificing functionality. O c. Supplier suggestion programs can be used to solicit ideas from suppliers. O d. Cost drivers of products, components, and raw materials should be identified. Which of the following statements is correct? a. Buyers cannot revoke acceptance of goods after orders are received and signed. O b. The Uniform Commercial Code also applies to international contracts. O c. Nondisclosure agreements can be signed with employees to protect trade secrets. O d. A patent is an agreement between inventor and U.S. federal government and it will not expire after registration. Which of the following statements is correct? O a. Companies should have a constant supply base and not enlarge it to keep things simple and manageable. O b. To conduct effective global sourcing, companies can establish an international purchasing office. O c. Global sourcing is only beneficial in terms of cost reduction. O d. Global sourcing can reduce inventory levels for manufacturing firms. Which of the following statements is correct? a. RFQs should only be used for products. O b. Giving a potential client or customer an expensive gift is unethical O c. An unethical behavior will also be illegal. O d. Purchasing agents should be aware of their company's policies regarding ethics

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