Which of the Following Is TRUE

question 43

Multiple Choice

Which of the following is TRUE?

• A)SRM software modules are very affordable (less than $50,000)and can be implemented with a week.
• B)ISO 75000 is the supplier award given to the highest rated supplier in Japan.
• C)The key to successful partnerships is developing performance measures with weights greater than 3.50.
• D)Continuous improvement and change management are both keys to building successful partnerships.

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Definitions:

Transactions

The action or process of conducting business or an instance of buying or selling in a market.

Sales Engineer

A professional who combines technical knowledge with sales skills to provide advice and support on a range of products.

Industrial Straight Rebuy

This term refers to a purchasing situation in which a business customer routinely reorders a product without any modifications.

Missionary Salesperson

A sales representative whose primary role is to promote the firm’s products indirectly, often by educating those who influence potential buyers, rather than making direct sales.