Direct Spend Is

question 10

Multiple Choice

Direct spend is:

• A)typically managed the same as indirect spend.
• B)of greater importance in manufacturing companies than in service companies.
• C)any input that is intangible.
• D)greater in service companies than in manufacturing.
• E)usually less of the focus of supply management than indirect spend.

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Definitions:

Core Values

Fundamental beliefs and guiding principles that dictate behavior and action, helping an organization to determine if they are on the right path.

Highly Desirable

Attributes or features of a product or service that make it particularly appealing and sought-after by consumers.

Ethical Compliance Program

A formal plan within an organization designed to prevent violations of law or company policies, often focusing on moral business practices and legal compliance.

Code Of Conduct

A set of rules outlining the social norms, responsibilities, and proper practices for an individual, party or organization.