Which of the Following Statements Is FALSE

question 38

Multiple Choice

Which of the following statements is FALSE?

• A)More than 50% of each sales dollar typically goes towards covering supply chain costs
• B)Decentralized purchasing means not having any purchasing departments and allowing all employees to act as purchasing agents
• C)Electronic procurement systems can aid a company in saving both time and money
• D)If a firm lacks the technology to make a required component they will need to consider buying/outsourcing.

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Definitions:

Worthwhile

Something considered valuable, meaningful, or deserving of time, effort, or investment.

Tells

Behaviors or signs inadvertently shown by individuals, revealing their thoughts, feelings, or intentions, often used in the context of poker or psychology to detect deception.

Systems Dynamics

An approach to understanding the nonlinear behavior of complex systems over time using stocks, flows, internal feedback loops, and time delays.

Identifying

The process of recognizing or establishing the identity of something or someone.