Q. Shared vision is also known as ____________

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Q. Which of the following is not a key element in supplier customer partnering?

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Q. What do you mean by supplier sourcing?

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Q. Which of the following is not a type of supplier sourcing?

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Q. _______ is the practice of utilizing only one supplier for the organization.

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Q. What is the reason for the forced situation of sticking to only one supplier for the organization in sole sourcing?

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Q. ________ is the practice of utilizing two or more suppliers for an item.

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Q. What is the idea behind multiple sourcing?

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Q. _______ is the practice of utilizing only one supplier for an item when several sources are available.

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Q. ________ leads to the outcome of long-term partnering relationship.

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Q. Two suppliers A and B deliver the same raw materials for production company Z. The price offered by supplier A is less compared to the price offered by supplier B. Which supplier should the company choose?

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Q. Two suppliers A and B deliver the same raw materials for production company Z. The price offered by supplier A is less compared to the price offered by supplier B. The quality of both the raw materials is the same. Which supplier should the company choose considering other factors remaining the same for both of them?

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Q. Which of the following is not the primary factor on which the supplier is selected by an organization?

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Q. Additionally, the supplier selection criteria include factors such as management compatibility, goal congruence, and strategic decision of the supplier firm.

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Q. Survey stage, enquiry stage, negotiation and selection stage, and experience stage are the four stages in supplier selection and evaluation.

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Q. ________ suggested the ten conditions for selection and evaluation of suppliers.

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Q. The supplier selection and evaluation stage in which the supplier list is drawn up on the basis of raw information from catalogues, advertisements, and brochures is known as ______

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Q. In which of the following stages of supplier selection and evaluation, vendor’s present customers are enquired about the performance and promptness in delivery of the vendor?

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Q. In which of the following stage in supplier selection and evaluation, standard enquiry forms are sent to the vendors, asking them to present their detailed information?

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Q. In ________detailed analysis of the vendor is made after raw information is acquired from the survey stage.

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