The Supplier Management Process Includes: (1) Service Design Activities, to Ensure

question 267

Multiple Choice

The Supplier Management process includes: (1) Service Design activities, to ensure that contracts will be able to support the service requirements (2) Service Operation activities, to monitor and report supplier achievements (3) Continual Improvement activities, to ensure that suppliers continue to meet or exceed the needs of the business

• A) 1 and 2 only
• B) 1 only
• C) All of the above
• D) 1 and 3 only

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Definitions:

Short-term Investments

Assets that are expected to be converted into cash, sold, or consumed within one year or within the business cycle, whichever is longer.

Cash Dividends

Payments made by a corporation to its shareholders out of its profits or reserves.

Quality of Income Ratio

A measure that compares cash flow from operating activities to net income, indicating the quality of a company's earnings.

Unearned Revenue

Revenue received by a company for goods or services yet to be delivered or performed.