Which of the Following Is Not One of the Steps

question 18

Multiple Choice

Which of the following is not one of the steps in the strategic sourcing process?

• A)Build the team and the project charter.
• B)Conduct market intelligence research on suppliers.
• C)Increasing revenues.
• D)Strategy development process.
• E)Supplier relationship management.

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Definitions:

Leverage Ratio

A financial ratio indicating the level of debt used by a business to finance its assets and operations.

Interest Burden

The impact of interest expenses on a company's earnings, often expressed as a ratio or percentage of earnings before interest and taxes.

Return-On-Sales Ratio

A profitability metric that calculates the efficiency of a company in converting sales into profits, indicating how much of each dollar of sales is translated into profit.

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively management is using a company’s assets to create profits.