Effective Supply Market Intelligence Involves All of the Following Except

question 61

Multiple Choice

Effective supply market intelligence involves all of the following except ____.

• A) monitoring supply markets and trends
• B) ensuring that purchasing does not exceed its annual budget
• C) identifying critical materials and services
• D) developing supply options and contingency plans
• E) supporting the organization's need for a diverse and globally competitive supply base

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Definitions:

Net Increase

The difference between the current period's figure and the previous period's figure when the current period's figure is larger.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.

Operating Activities

Business activities directly related to the production and delivery of goods and services, reflecting the company's core operations.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.