Effectively and Efficiently Applying Technology to the Supply Management Process

question 27

Multiple Choice

Effectively and efficiently applying technology to the supply management process will:

• A)lead to increased clerical effort from additional data entry.
• B)lead to damaged buyer-supplier relationships from impersonal communication.
• C)lower the total cost of doing business.
• D)inhibit negotiation planning because of time spent accessing and analyzing data.
• E)decrease operating performance because of the volume of available information.

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Definitions:

Spanish Colonies

Territories around the world that were once part of the Spanish Empire, marked by significant Spanish cultural and political influence from the 15th to the 19th centuries.

Austria-Hungary

A dual monarchy in Central and Eastern Europe between 1867 and 1918, comprised of the Austrian Empire and the Kingdom of Hungary.

Russian Empire

A historical state from the early 18th century until the early 20th century, ruled by emperors or tsars, and known for its expansion and influence in Eastern Europe and Asia.

Appalachian Mountains

A mountain range in Eastern North America extending from the island of Newfoundland in Canada to central Alabama in the United States, offering significant natural and cultural resources.