The Purchasing Strategy in Which Two Suppliers Are the Sole

question 15

Multiple Choice

The purchasing strategy in which two suppliers are the sole suppliers of different parts,but are also the backup suppliers for each other's parts is

• A) sole sourcing.
• B) multiple sourcing.
• C) just-in-time sourcing.
• D) backup sourcing.
• E) parallel sourcing.

---

Definitions:

Measuring Work Performance

The process of assessing the efficiency and effectiveness of an employee's job performance.

Corrective Action

Steps taken to rectify a problem or defect to prevent recurrence and ensure improvement.

Leading

The act of guiding and directing a group to meet its goals through influencing and motivating its members.

Upside-Down Pyramid

An organizational structure where decision-making is more decentralized and lower-level employees have more power and responsibilities.