Question: QUESTION 18 is developing the ability to produce goods or services previously purchased from a supplier or actually buying a supplier or a distributor. a.

QUESTION 18 is developing the ability to produce

QUESTION 18 is developing the ability to produce goods or services previously purchased from a supplier or actually buying a supplier or a distributor. a. vertical integration b. supply chain c. horizontal integration d. diversification QUESTION 19 A disadvantage of the few suppliers" sourcing strategy is: a. the high cost of changing suppliers b. suppliers are less likely to understand the objectives of the procuring firm c. the lack of cost savings d. the risk of not being ready for technological change QUESTION 20 Which sou strategy common when the products rced are commodities? a. have few suppliers b. have many suppliers c. use keiretsu d. use vertical integration

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