Which of the Following Is Not a Tactical Level Purchasing

question 7

Multiple Choice

Which of the following is not a tactical level purchasing decision? 

• A) Introducing a cross-functional, cross-business category sourcing structure in the company. 
• B) Agreement on corporate or annual supplier framework agreements. 
• C) Troubleshooting: solving daily problems on quality, supply and payment in the relationship with the supplier. 
• D) Selection and contracting of suppliers.

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Definitions:

Reconciling Information

The process of verifying the accuracy and consistency of two sets of records, identifying and explaining discrepancies to ensure financial records match.

Cash Balance

The amount of money a company has in its cash accounts, including currency, coins, and balances in checking and savings accounts, at a given point in time.

Cost Formula

A mathematical expression or method used to calculate the total cost of production or service, often considering both variable and fixed expenses.

Physical Flow

The actual movement and transfer of goods or materials through a production process or supply chain.