Supplier Selection and Evaluation Generally Involve Multiple Criteria,and These Criteria

question 14

True/False

Supplier selection and evaluation generally involve multiple criteria,and these criteria can vary in both number and importance,depending on the particular situation.

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Definitions:

Primary

Core or most important, often referring to the main subject of study or the central component in a system.

Organizational

Pertaining to the structure and function of an organization, including its processes, policies, and personnel.

Intangible Assets

Non-physical assets possessed by a company, such as intellectual property, goodwill, and brand reputation, which can be as valuable as tangible assets.

Market Value

The current price at which an asset or service can be bought or sold in the marketplace.