Which of the Following Is NOT a Characteristic of Strategic

question 20

Multiple Choice

Which of the following is NOT a characteristic of strategic purchases?

• A)They exploit full purchasing power.
• B)They are high-value/scarce items.
• C)They emphasize long-term partnerships.
• D)They are critical to company performance.

---

Definitions:

Organizational Progress

The forward or developmental movement achieved by an organization in its pursuit of goals.

Vision Statements

Statements that outline what a company aims to be in the future, providing direction and inspiration by describing its long-term goals.

Visionary Goals

Forward-looking objectives that a company or individual aims to achieve, often innovative and ambitious, designed to drive progress.

Visionary Goal

A long-term objective that a company or individual aims to achieve, guided by ambitious ideals and a clear vision of a desired future.