Answer the following statements true (T) or false (F)
1) The impact of sourcing materials or services with improved quality is usually reduced profitability for the firm.
2) Only 25 percent of an item or service's cost is determined in the design stage.
3) The main objective of the portfolio model is to determine cost discount targets for different suppliers.
4) In the strategic sourcing framework, the margin on a particular item for a supplier is known as the profit impact.
5) In the portfolio model, depending on the sourcing strategy, an item is assigned to a particular quadrant.
1) FALSE
2) FALSE
3) FALSE
4) FALSE
5) FALSE
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List the four steps in the feedback control model.
What will be an ideal response?
Those who favor localized marketing see national advertising as wasteful because it ________
A) gets too up close and personal with consumers B) drives up manufacturing and marketing costs by reducing economies of scale C) magnifies logistical problems D) fails to address local needs E) sends conflicting marketing messages
Catalina was born in 1940. She is a member of ________.
A. the baby boomer generation B. Generation Y C. Generation X D. the silent generation E. the Millennial generation
When you use parallelism, you match
A) transitional expressions to their logical application. B) short, simple sentences with complex, compound sentences. C) technical terminology with corresponding definitions. D) infinitives with infinitives and nouns with nouns. E) reader benefits with key points in each paragraph.