Keeping the Organization at the Forefront of New Technologies and Suppliers

question 36

Multiple Choice

Keeping the organization at the forefront of new technologies and suppliers relates to which impact of the sourcing function:

• A) Risk mitigation
• B) Strategic
• C) Finance
• D) Operational
• E) Information

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Definitions:

Acquisition

The act of acquiring or gaining possession, often referring to knowledge, skills, or assets.

Recognition

The identification of something as having been previously seen, heard, known, etc., typically through the memory or senses.

Retrieval Failure

The inability to recall information from memory, often due to lack of cues or interference.

Hard Drive

A data storage device used for storing and retrieving digital information, typically using magnetic storage.