Purchasing Performance Benchmarking Attempts To

question 3

Multiple Choice

Purchasing performance benchmarking attempts to:

• A)determine what results have been achieved by purchasing and supply activities.
• B)determine how an organization achieves results in purchasing and supply.
• C)analyze a firm's own internal trends.
• D)provide industrywide standards for overall firm performance.
• E)provide baseline metrics to compare companies' supply performance.

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Definitions:

Gullibility

A tendency to be easily deceived or tricked into believing something is true when it is not.

Unpleasantness

Unpleasantness represents a state or feeling of discomfort, displeasure, or disagreeableness that affects one's sense of well-being or satisfaction.

Activism

The efforts and actions taken to bring about political or social change, often in response to perceived injustices or inequalities.

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.