In the Context of Sourcing, Multiple Suppliers

question 19

Multiple Choice

In the context of sourcing, multiple suppliers:

• A) often provide the ability to form close partnerships.
• B) often provide economies of scale.
• C) lower the risk of supply disruption.
• D) lower the chances of using a push or pull system.

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Definitions:

Quality Management

A strategic approach focused on enhancing an organization's products and services through continual improvement and adherence to established standards.

International Standards Organization

An independent, non-governmental international organization that develops and publishes a wide range of proprietary, industrial, and commercial standards.

International Service Organizations

Organizations that operate across national borders, providing services rather than goods, to a global customer base.

Integrated Solutions Organization

A company that combines various products and services to provide comprehensive solutions to customer problems or needs.