The Supplier Selection Decision

question 27

Multiple Choice

The supplier selection decision:

• A)should always be preceded by a formal supplier evaluation and rating.
• B)should be based on quantifiable factors such as price and delivery,and ignore social and environmental issues.
• C)can be depicted by a decision tree identifying options,evaluation criteria,and probabilities of success and failure.
• D)can be seen as a decision-making process undertaken in an environment of certainty.
• E)is based on a uniform set of weighted criteria that can be applied to every purchase.

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Definitions:

Right-to-Sue Letter

A document issued by a government agency, such as the Equal Employment Opportunity Commission, granting an individual permission to file a lawsuit in court.

Equal Employment Opportunity Commission

A federal agency responsible for enforcing laws that make it illegal to discriminate against a job applicant or an employee because of the person's race, color, religion, sex, national origin, age, disability, or genetic information.

Bona Fide Occupational Qualification

An employment practice that allows for consideration of traits or characteristics that are normally considered discrimination if they are genuinely necessary to the normal operation of a particular business.

Equal Pay Act

A U.S. law aimed at abolishing wage disparity based on sex by ensuring that men and women receive equal pay for equal work.