Portfolio Analysis Is

question 21

Multiple Choice

Portfolio analysis is:

• A)a method of multiple sourcing.
• B)a method of identifying substitute materials.
• C)the categorization of spend map based on the risks to acquire in the marketplace and value.
• D)a method of multiple sourcing and the categorization of spend map based on the risks to acquire in the marketplace and value.
• E)a method of multiple sourcing,a method of identifying substitute materials and the categorization of spend map based on the risks to acquire in the marketplace and value.

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Definitions:

Abstract Methods

Abstract methods are methods in Java that are declared without an implementation in an abstract class, and must be implemented by subclasses.

Downcasting

The process of converting a reference of a parent class to a reference of a child class in the object hierarchy.

Ancestor Class

A class from which another class is derived, either directly or through one or more levels of inheritance.

Descendent Class

A class in object-oriented programming that inherits properties and methods from one or more base classes, also known as a subclass.