Kraljic's Portfolio Matrix ___________

question 3

Multiple Choice

Kraljic's Portfolio Matrix ___________.

• A)provides a framework for evaluating warehousing decisions
• B)is used by many managers to classify corporate purchases in terms of their importance and supply complexity
• C)allows managers to evaluate whether to add,or not add,product lines
• D)is synonymous with the total cost of ownership

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Definitions:

Internet Of Things

The network of physical devices, vehicles, and other items embedded with electronics, software, sensors, and network connectivity, enabling these objects to collect and exchange data.

Wireless Networks

Networking technology that allows computers and devices to communicate over a distance without the use of physical cables.

Learning Management System

A software application or web-based technology used to plan, implement, and assess a specific learning process.

Student Retention

The ability of an educational institution to keep its students enrolled from year to year, a key measure of the institution’s success and stability.