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Test Bank For Purchasing And Supply Chain Management, 6th Edition

Test Bank For Purchasing And Supply Chain Management, 6th Edition simplifies complex topics with clear explanations, study strategies, and exam-focused practice.

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Chapter1--IntroductiontoPurchasingandSupplyChainManagementCengageLearningTesting,PoweredbyCogneroPage1True/False1.Thedevelopmentofstrategicpurchasingpracticescanonlyhelpacompanymaintainitscompetitivepositioninarapidlychangingbusinessenvironment.a.Trueb.FalseANSWER:FalseDIFFICULTY:EasyKEYWORDS:Bloom’s:UnderstandingOTHER:AnalyticNOTES:12.Globalsourcingisarequirementandnolongeraluxuryformostfirms.a.Trueb.FalseANSWER:TrueDIFFICULTY:EasyKEYWORDS:Bloom’s:UnderstandingOTHER:AnalyticNOTES:13.Sophisticatedcustomers,bothindustrialandconsumer,nolongertalkaboutpriceincreases–theydemandpricereductions!a.Trueb.FalseANSWER:TrueDIFFICULTY:EasyKEYWORDS:Bloom’s:UnderstandingOTHER:AnalyticNOTES:14.Anabundanceofcompetitorsandchoiceshaveconditionedcustomerstowanthigherquality,fasterdelivery,andproductsandservicestailoredtotheirindividualneedsatahighertotalcost.a.Trueb.FalseANSWER:FalseDIFFICULTY:EasyKEYWORDS:Bloom’s:UnderstandingOTHER:AnalyticNOTES:15.Theavailabilityoflow-costdomesticsupplieralternativeshasledtotheshiftawayfromoutsourcingandoffshoring.a.Trueb.FalseANSWER:False

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Purchasing And Supply Chain Managem...

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