Which One of the Following Statements Regarding Supplier Selection Criteria

question 87

Multiple Choice

Which one of the following statements regarding supplier selection criteria is TRUE?

• A) Suppliers should be selected primarily on the basis of the shortest lead time because higher lead time increases the cost of inventory.
• B) Suppliers should be selected on the basis of quality because quality is always the most important characteristic of a product.
• C) Suppliers should be selected on the basis of quality, price, and delivery.
• D) Suppliers should be selected on the basis of price only because the cost of materials is a significant portion of total product cost.

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Definitions:

Endoplasmic Reticulum

A network of membranes within a cell, involved in protein and lipid synthesis.

Golgi Bodies

Membrane-bound organelles in eukaryotic cells that process, sort, and package proteins and lipids for transport.

Modification

A change or alteration, usually to improve something or to adjust it to different conditions.

Sugar Metabolism

The series of biochemical processes by which the body converts sugars like glucose into usable energy.