In Portfolio Analysis,cost Analysis Can Be Used in the Acquisition

question 25

Multiple Choice

In portfolio analysis,cost analysis can be used in the acquisition of strategic goods or services to identify opportunities to:

• A)divide the spend for the item or service among multiple suppliers.
• B)avoid,eliminate or reduce costs in supplier switching costs.
• C)avoid,eliminate or reduce costs in buyer and supplier cost structures.
• D)avoid,eliminate or reduce costs in the supplier's cost structure.
• E)avoid,eliminate or reduce costs in the buyer's cost structure.

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Definitions:

Voidable

A legal term describing a transaction or agreement that is valid but may be annulled by one of the parties involved.

Statute of Limitations

A law which sets out the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.

Unenforceable

A term that describes a contract or clause that, due to certain defects or legal principles, cannot be legally compelled or enforced by a court.

Fairness of the Bargain

The equitableness or justness of the terms agreed upon in a contractual agreement.