Which of the Following Is a Procurement-Related Quality Initiative

question 50

Multiple Choice

Which of the following is a procurement-related quality initiative?

• A)Lean Six Sigma
• B)Leagility
• C)ISO 14000
• D)U.S.Department of Commerce Certified Supplier
• E)All of the above are procurement-related quality initiatives

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Definitions:

Customer Order

A request made by a customer to purchase goods or services, which typically includes specific details such as quantity and delivery requirements.

Customer Communication

The two-way information flow between the firm and its customer.

Info Completeness

Refers to the extent to which information is whole, full, or includes all necessary components.

Lifetime Value

The net present value of a customer’s business over the span of his or her relationship with an organization.