Which of the Following Is Not a Best Practice for Inclusion

question 19

Multiple Choice

Which of the following is not a best practice for inclusion in any minority supplier development initiative?

• A)Ensuring that all minority suppliers are located nearby the organization's facilities.
• B)Mandating Tier 1 suppliers to have a Tier 2 diversity spend goal and incorporating the terms in the contracts.
• C)Including minority suppliers in all RFQs, without exception.
• D)Tying the goals and objectives of the supplier diversity program to supply chain management strategies and supply chain job functions.
• E)Incorporating all corporate functions in which suppliers are selected and procurement commitments are made.

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Definitions:

Raw Materials Inventory

Goods or materials a company holds that are to be used in the production process to manufacture finished products.

Units Purchased

The quantity of goods a company buys during a specific period for resale or production purposes.

Work in Process Inventory

The value of unfinished goods in the production process at a specific point in time.

Direct Materials

Raw materials that can be directly traced to the production process of a product and are considered a part of the finished product.