Which of the Following Is a Supplier Strategy

question 20

Multiple Choice

Which of the following is a supplier strategy? 

• A) Benchmarking. 
• B) Category Management and e-Procurement solutions. 
• C) Audit. 
• D) First respondent wins the order.

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity and operational efficiency.

Current Liabilities

Liabilities expected to be settled within one year or within the normal operating cycle of the business, such as accounts payable and short-term loans.

Current Ratio

A measure used to determine a company's potential to fulfill obligations due within one year by calculating the ratio of its current assets to its current liabilities.

Indicator Of Liquidity

Measures that indicate how easily a company can convert its assets into cash to cover short-term obligations.