Which of the Following Is True About the Use of Weighted

question 20

Multiple Choice

Which of the following is true about the use of weighted scoring models for supplier selection?

• A)Once developed,the model weights should never change.
• B)The supply management department should determine the weights.
• C)The highest-scoring supplier should always be selected to receive the business.
• D)There is a good deal of subjectivity in developing and using the model.

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Definitions:

Dispute Resolution

The process of resolving a dispute or conflict between parties through negotiation, mediation, arbitration, or legal actions.

Third Party Dispute

A conflict involving an external entity that is not a direct party to the initial issue or disagreement, often requiring resolution through mediation or arbitration.

Nonbinding Recommendations

Suggestions offered by a mediator or arbitrator that do not have to be legally followed by the parties in a dispute.

Boycott Limitations

Restrictions or regulations imposed on the ability to conduct or participate in a boycott to protest against certain policies or practices.