Supply Managers Believe They Can Add the Most Value to the Outsourcing

question 21

Multiple Choice

Supply managers believe they can add the most value to the outsourcing decision by:

• A)providing a comprehensive,competitive process.
• B)advising the outsourcing team on relevant contractual terms and conditions.
• C)reviewing the analysis conducted by the outsourcing team.
• D)being available if the internal users want their assistance.
• E)managing the contract once the decision has been implemented.

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Definitions:

Planning

The act of making detailed strategies for achieving predetermined goals or tasks.

Standards

Standards refer to established norms or criteria that are used as a basis for comparison or judgment in various fields such as quality, behavior, or practices.

Control

The process of monitoring activities to ensure they are being accomplished as planned and correcting any deviations.

Setting Objectives

The process of establishing clear, measurable, and achievable goals to guide organizational or individual activities.