A Change in How Supply Is Organized and Structured Is

question 6

Multiple Choice

A change in how supply is organized and structured is the result of:

• A) the changing preference of the Chief Purchasing Officer.
• B) an assessment of the best purchasing structure given the supply base.
• C) a change in the overall corporate organizational structure.
• D) a determination of the easiest change to manage internally.
• E) a consensus among the supply management professionals in the company.

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Definitions:

Disposable Income

The money that remains for savings and expenses after income tax deductions from a person's or family's earnings is the disposable income.

APS

Average Propensity to Save, the proportion of total income that is saved by a household or economy.

Saving

The act of setting aside a portion of income for future use, typically in a bank account or other secure investment.

Disposable Income

Resources meant for household spending and saving once income tax obligations are settled.