Strayer BUS 230 Purchasing & Material Mgmt Week 3 Quiz 2 2017

1. Supply strategies that are based on changes in demand and supply are known as: 2. Organizational objectives and supply objectives typically are expressed: 3. When developing supply strategies related to “how to buy,” decisions must be made about: 4. Strategic planning can be defined as: 5. Three major challenges exist when setting supply objectives and strategies: 6. The key question in strategic supply management is: 7. Which one of the following is one of the six major supply strategy a...

1. Supply strategies that are based on changes in demand and supply are known as: a. risk-management strategies. b. assurance-of-supply strategies. c. cost-reduction strategies. d. environmental-change strategies. e. supply chain support strategies 2. Organizational objectives and supply objectives typically are expressed: a. differently, making it difficult to translate organizational objectives into supply objectives. b. differently, providing the supply manager multiple opportunities to tap i...

1. Supply strategies that are based on changes in demand and supply are known as: a. risk-management strategies. b. assurance-of-supply strategies. c. cost-reduction strategies. d. environmental-change strategies. e. supply chain support strategies 2. Organizational objectives and supply objectives typically are expressed: a. differently, making it difficult to translate organizational objectives into supply objectives. b. differently, providing the supply manager multiple opportunities to tap i...