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:

Exocrine Glands

Glands that release their secretions through ducts to an external or internal surface, not directly into the bloodstream.

Goblet Cells

Unicellular glands that secrete mucus

Circulatory System

The body system consisting of the heart, blood vessels, and blood, responsible for transporting nutrients, oxygen, and wastes among cells and the external environment.

Connective Tissue

Tissue that supports, binds together, and protects tissues and organs of the body, characterized by few cells and a large amount of extracellular matrix.