Supply Management

question 17

Multiple Choice

Supply management:

• A) has been outsourced in many organizations because it is not a core competency.
• B) has been outsourced in many organizations because of its tactical nature.
• C) has not been outsourced because the chief purchasing officer makes outsourcing decisions.
• D) and logistics have not been outsourced because both are considered core competencies in most organizations.
• E) is seldom outsourced in its entirety, but activities such as inventory monitoring, order placement, and order receiving are outsourced.

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Definitions:

Sensation

The process of receiving and interpreting sensory stimuli from the environment through bodily sense organs.

Perception

The cognitive process of interpreting sensory information to understand and interact with the environment.

Top-Down Processing

The use of preexisting knowledge to organize individual features into a unified whole.

Perceptual Set

A psychological factor that influences how an individual organizes and interprets sensory input, based on expectations, emotions, culture, and previous experiences.