Which of the Following Methods Is Most Likely to Be

question 128

Multiple Choice

Which of the following methods is most likely to be used by buyers to review the performance of chosen suppliers?

• A) The buyer may contact different suppliers and ask for their evaluations.
• B) The buyers may rate the end-users on several criteria using a weighted-score method.
• C) The buyer might aggregate the cost of poor performance to come up with adjusted costs of purchase, including price.
• D) The buyers may aggregate the opinions of various competitors and come up with the adjusted cost of supply.
• E) The buyers might adopt the Supplier Added Value Effort technique to calculate supplier efficiency.

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Definitions:

World Trade Organization

An international organization that regulates international trade, setting legal and institutional foundations for global trade relations.

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An international organization created to promote global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

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