Supply's Growing Involvement in the Acquisition of Services May Be

question 4

Multiple Choice

Supply's growing involvement in the acquisition of services may be explained by:

• A) declining technical knowledge of internal users of services.
• B) the need for more of a personal relationship with the service supplier.
• C) the fact that price and service-delivery requirements are complex.
• D) the growing respect for supply managers as equals in the organization.
• E) the high dollars spent on services and the opportunities to reduce costs.

---

Definitions:

Market Yield

The current return on investment for a security, factoring in its price variations and dividend payments.

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or currency note.

Real Rate Of Return

The yearly percent yield earned from an investment, after accounting for variations in price caused by inflation or various external influences.

Inflation Rate

The escalation in overall prices for goods and services, leading to a drop in how much can be bought.