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Which of the Following Are Performance Measures Used by Firms

question 82

Multiple Choice

Which of the following are performance measures used by firms to assess their own performance in relation to suppliers?
i. Percentage of orders processed by electronic means
ii. Number of expedited orders
iii. Response time to customer queries
iv. Reduction in the number of suppliers


Definitions:

Reformat

The process of deleting all data on a storage device and restoring it to its factory settings, often used to correct errors or clean up a system.

Hard Drive

A non-volatile storage device that uses magnetic storage to store and retrieve digital information.

Deoxyribose

A five-carbon sugar molecule that is a component of DNA, differing from ribose by the absence of an oxygen atom at the second carbon position.

Ribose

A five-carbon sugar found in RNA that is crucial for various biological processes, including RNA synthesis.

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