When Ideal Standards Are Used,which of the Following Is Most

question 3

Multiple Choice

When ideal standards are used,which of the following is most likely true?

• A)The standards are not likely to be achieved.
• B)The standards allow for occasional downtime for equipment.
• C)The standards reflect what really happens in the factory.
• D)The standards motivate employees to achieve perfection.
• E)None of the answer choices is correct.

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Definitions:

Request for Quotation (RFQ)

A document issued by a buyer to suppliers, inviting them to submit a bid specifying the pricing and terms under which they would commit to sell a product or service.

Strategic Purchase

The acquisition of goods or services with a long-term perspective, considering factors such as cost, quality, and supplier relationships for competitive advantage.

Supply Department

The division within an organization responsible for managing the procurement and supply of goods and services.

Offshore Suppliers

Businesses located in another country that provide goods or services to companies, often to leverage cost advantages.