Which of the Following Is False

question 7

Multiple Choice

Which of the following is false?

• A)In the factor-input strategy,an organization is seeking low costs or high-quality sources of supply.
• B)Global procurement refers to buying components and inputs anywhere in the world.
• C)Planning is the first step in global procurement.
• D)Global procurement is driven by the factor-input and the market-access strategies.
• E)All are true

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Definitions:

Granting Claims

The process of approving or acknowledging requests, often in legal, financial, or insurance contexts, based on the evaluation of the evidence or validity of the claim.

Assign Blame

The act of identifying and attributing responsibility for a mistake, fault, or wrongdoing to a person or entity.

Granting Claims

The process of recognizing and approving requests or demands, often in a legal or financial context.

Good News

Information or messages that are positive, favorable, or beneficial in nature, often leading to happiness or satisfaction.