Of the Following,which Is NOT a Disadvantage of Global Procurement

question 49

Multiple Choice

Of the following,which is NOT a disadvantage of global procurement?

• A) The firm has to invest the money that is associated with making products.
• B) The firm may need to compete for the attention of suppliers.
• C) The profits that the company could earn by producing the goods and services in-house now go to the suppliers.
• D) Buying from suppliers could unintentionally lead suppliers becoming competitors.
• E) The firm relies upon suppliers on important dimensions such as quality,delivery,and cost.

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Definitions:

Expectancy Model

A psychological theory suggesting that people are motivated to act in certain ways based on their expectations of the outcome and the value they place on that outcome.

Perceived Relationship

The subjective interpretation or understanding an individual has of their relationship with others, which may not align with reality.

Effort

The use of physical or mental energy to achieve a task, goal, or outcome, often measured by the level of hard work or intensity applied.

Pay

Compensation received by an employee for their work, including wages, salaries, and bonuses.