The regulatory requirements regarding acquisition policies

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Reference no: EM132206596

T/F The regulatory requirements regarding acquisition policies and procedures are greatly reduced for goverment service agencies?

T/F Since there are many downside risks in supply decisions, the managing of supply has great impact to overall risks of a company?

T/F Since supply management is important, acquiring a top professional supply executive from a different industry is a best practice and can have a quick ROI to the supply team?

T/F The evolution from a transaction based, tactical supply function to a process focused and strategic supply approach best defines supply management change over the years?

T/F Over the years, experts have been able to identify a single optional manner in which to organize the supply function, manage day-day procedures, and proficiently marshal supplier for all organizations?

T/F If the supply function is really doing its job, then senior management will better understatnd why supply and supplier are paramount to the company?

T/F Since the cost of purchased materials and services are typically higher than direct labor and other costs, supply chain management is very critical in most manufacturing companies?

T/F Purchaising, procurement, supply, supply chain and logisticsare commonly used words industry and terms are widely used across various business segments?

Reference no: EM132206596

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