Supply Base Optimization Means ______

question 78

Multiple Choice

Supply base optimization means ______.

• A)reducing the number of suppliers for better control and communication
• B)determining the best number of suppliers to purchase from
• C)engaging a large number of suppliers so backup supply is available
• D)leaving the organization to be vulnerable to unexpected price increases

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Definitions:

Merit System

A system of hiring and promoting governmental employees based on their ability and performance, rather than on political affiliation or other non-merit factors.

Examinations

Formal tests measuring students' knowledge or skills in a particular area of study, used in educational assessments.

Performance

The act or process of carrying out a task or function, often evaluated in terms of efficiency, effectiveness, or success in achieving objectives.

Whistleblower

An individual who exposes information or activity that is deemed illegal, unethical, or not correct within an organization.