To Reduce Errors and Complexity, Sourcing Is the Only Function

question 1

True/False

To reduce errors and complexity, sourcing is the only function that should interact with suppliers.

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Definitions:

Mutually Agreed

A condition or circumstance where all parties involved have consented to the terms or decisions proposed, often used in contracts or negotiations.

Prospective Customers

Individuals or organizations likely to become clients or customers of a business in the future.

Real Principal

The actual entity or individual for whom an agent or representative acts, holding the ultimate authority and benefit in transactions or contracts.

Unauthorized Contract

An agreement that lacks the approval or authority from the necessary or legally required parties.