Question: Select one that is NOT correct about Sourcing. ( Bonus Question ) It emphasizes total cost that includes storage costs, repair costs, disposal costs, and

Select one that is NOT correct about Sourcing.

(

Bonus Question

)

It emphasizes total cost that includes storage costs, repair costs, disposal costs, and sustainability costs in addition to purchase price.

It tries to diversify sourcing with as many suppliers as possible for risk management.

It is a systematic and strategic process for analyzing the procurement process.

It is essential for major trading partners to trust each other and to feel confident that partners share similar goals and will take actions that are mutually beneficial.

Select one that is NOT correct about Sourcing. (Bonus Question) It

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