Which of the Following Statements Supports Multiple Sourcing

question 10

Multiple Choice

Which of the following statements supports multiple sourcing:

• A)an ongoing long-term contract exists with a preferred supplier.
• B)supply is plentiful and supply assurance is important.
• C)there is a patent involved.
• D)the order is small.
• E)concerns exist about supplier capacity for future volume.

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Definitions:

Law Firm

A business entity formed by one or more lawyers to engage in the practice of law.

Tender

An offer to perform an obligation or a formal offer, especially in the context of a bid for a project or to fulfill contractual requirements.

Performance

The act of fulfilling the terms of a contract, agreement, or obligation.

Contractual Obligations

are responsibilities or duties that are legally binding and arise from agreements or contracts entered into by parties.