Of the Following,which Is NOT an Advantage of Global Procurement

question 39

Multiple Choice

Of the following,which is NOT an advantage of global procurement?

• A) The firm does not need to invest the money that is associated with making.
• B) The firm can focus upon the production stages and components with the most value added.
• C) The firm can maximize its flexibility by allocating its orders among the suppliers in a dynamic way.
• D) If global suppliers are selling to many companies in the same industry but in different countries,these suppliers can achieve economies of scale and lower costs.
• E) The firm does not rely upon suppliers on important dimensions such as quality,delivery,and cost.

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Definitions:

Sustainability

The ability to maintain or improve systems and processes indefinitely without depleting resources or causing harmful environmental impacts.

Natural Resources

Raw materials and substances occurring in nature that can be used for economic gain, such as minerals, forests, water, and fertile land.

Protecting Environment

Activities and practices aimed at preserving natural resources and reducing pollution and waste to safeguard the planet's ecosystems.

Probate Process

The legal procedure through which a deceased person's will is validated, and their estate is distributed to heirs and beneficiaries.