In the Sourcing/purchasing Design Matrix, There Are Three Variables: Contract

question 63

Multiple Choice

In the sourcing/purchasing design matrix, there are three variables: contract duration, transaction costs and specificity (assume levels as short, medium and long for contract duration and for the rest, low, medium and high) .Vendor managed inventory belongs to

• A)long contract duration, high transaction costs and low specificity.
• B)short contract duration, high transaction costs and low specificity.
• C)long contract duration, low transaction costs and low specificity.
• D)long contract duration, high transaction costs and high specificity.
• E)long contract duration, low transaction costs and high specificity.

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Definitions:

Appreciative Inquiry

A collaborative and strengths-based approach to organizational change that focuses on exploring and amplifying positive potential rather than solving problems.

Appreciative Inquiry

A collaborative and strength-based approach to organizational change which focuses on exploring and amplifying the positive aspects.

Discovery

The act of finding something not previously known or recognized, often leading to new knowledge or insights.

Dreaming

A series of thoughts, images, or sensations occurring in a person's mind during sleep.