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What are the factors that determine effective training?
Supplier Performance Index (SPI)
A metric used to assess, measure, and manage the performance and effectiveness of suppliers in meeting predefined goals.
Preferred Supplier
A vendor that has been vetted and approved by a company due to their reliability, quality of products, or services, often given priority over other suppliers.
Activity Costs
Activity costs are the expenses associated with specific activities in a business, including manufacturing, marketing, or any other operational function, used in activity-based costing methods.
Selection Criteria
The specific qualifications, competencies, and experience that are considered necessary for successfully performing the duties of a particular job or role.
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