Kraljic's Portfolio Matrix ___________

question 3

Multiple Choice

Kraljic's Portfolio Matrix ___________.

• A)provides a framework for evaluating warehousing decisions
• B)is used by many managers to classify corporate purchases in terms of their importance and supply complexity
• C)allows managers to evaluate whether to add,or not add,product lines
• D)is synonymous with the total cost of ownership

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Definitions:

Rate of Consumption

The speed at which goods or services are being used up or consumed.

Kilometres

A unit of length in the metric system equal to 1,000 meters, commonly used to measure distances.

Maintain Investments

The act of overseeing and managing one's investment portfolio to ensure it remains aligned with financial goals.

Solve for T

A common instruction in mathematics and finance, indicating to solve the equation or problem for the variable "T," which typically represents time.