The Best Way to Evaluate Price in the Sourcing Process

question 7

Multiple Choice

The best way to evaluate price in the sourcing process is:

• A) Fair price
• B) Purchase price
• C) Cost
• D) Break even analysis
• E) Total cost of ownership

---

Definitions:

Hormones

Chemical messengers produced by glands that regulate various functions in the body by acting on specific target organs.

Amino Acids

The building blocks of proteins, consisting of a central carbon atom bonded to an amino group, a carboxyl group, a hydrogen atom, and a variable side chain.

Proteins

Massive biological molecules, known as macromolecules, are composed of one or more extended sequences of amino acid residues and fulfill a wide range of roles in organisms.

Peptide Bonds

Chemical bonds formed between amino acids during the formation of proteins.