Which of the Following Is Not a Strategic Level Purchasing

question 55

Multiple Choice

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

• A) Decisions to outsource activities which are currently executed by the company to outside suppliers. 
• B) Agreement on corporate or annual supplier framework agreements. 
• C) Decisions related to supplier and sourcing strategies based on multiple versus single sourcing. 
• D) Major investment decisions.

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Definitions:

Model

A representation, often mathematical, of a real-world process, object, or concept, designed to simulate its behavior under certain conditions.

Applicable

Relevant or suitable in a given situation or for a specific purpose.

First-Birth Rate

The frequency at which first births occur within a defined population.

Regression Analysis

A statistical method used for estimating the relationships among variables, often to predict the value of a dependent variable based on independent variables.