Which of the Following Is Not a Supplier Assessment Method

question 50

Multiple Choice

Which of the following is not a supplier assessment method? 

• A) Purchaser audits. 
• B) Qualitative assessments. 
• C) Vendor ratings. 
• D) Cost modelling.

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Definitions:

Incentivize Employees

Offering rewards or benefits to motivate workers and enhance their performance.

Performance Metrics

Quantitative and qualitative measurements used to assess and monitor the efficiency, performance, and success of an organization or individual.

Compensation

Payments or benefits provided to employees in exchange for their services or to cover losses or damages.

Managerial Economics

An academic discipline that applies microeconomic theory and quantitative methods to solve business decision problems.