Which of the Following Is an Example of a Common

question 187

Multiple Choice

Which of the following is an example of a common resource?

• A)catfish in a private pond in Mississippi
• B)impounded dogs in a dog pound
• C)public health care services in the United States
• D)sea otters in the coastal waters of the Pacific Ocean

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Definitions:

Source of Supply

The origin from which goods and services are obtained, which could be a manufacturer, distributor, or a service provider.

Portfolio Analysis

The evaluation of the performance and composition of a collection of investments, projects, or products to make strategic decisions.

Spend Map

A tool or document used in procurement and supply chain management to visualize and analyze an organization's spending patterns, helping with strategic planning and savings identification.

Item Substitution

The practice of replacing one item with another, typically similar item, often due to availability issues or cost benefits.