Which of the Following Is One of the Five Traditional

question 168

Multiple Choice

Which of the following is one of the five traditional categories of crimes?

• A) Civil crime
• B) Property crime
• C) Tort crime
• D) Fiscal crime

Identify and understand the importance of certifications and registrations in the procurement process.

Recognize various supplier selection criteria and their relevance to procurement decisions.

Distinguish between the types of products and services purchased, assessing them based on risk and value.

Understand the concept and impact of routing flexibility in supply chains.

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Definitions:

Operations Management

The management of business strategies to achieve the utmost efficiency within an organization.

Goods And Services

Products and assistance provided by businesses to customers; goods are physical items, while services are intangible aids or performances.

Mass Produced

The large-scale production of goods using standardized designs and assembly-line techniques to achieve economies of scale and reduce per-unit costs.

Quality Control

A process by which entities review the quality of all factors involved in production to ensure standards are met.