Which of the Following Is a Disadvantage of a Cost-Based

question 74

Multiple Choice

Which of the following is a disadvantage of a cost-based supplier evaluation system?

• A) Least reliable.
• B) Most complex so implementation costs are high.
• C) Less frequent generation of evaluations.
• D) Most subjective.
• E) Usually manual.

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Definitions:

Psychological Egoism

A theory suggesting that all human actions are motivated by self-interest, even in what seem to be acts of altruism.

Egotistical

Pertaining to or characterized by excessive self-absorption, often considering oneself superior to others.

Motives

The underlying reasons or incentives that drive a person to act in a particular way or pursue certain goals.

Epicurus

An ancient Greek philosopher who founded Epicureanism, advocating for a life seeking pleasure and avoiding pain through knowledge, friendship, and moderate desires.