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

View solution

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

View solution

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?

View solution

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?

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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 ______

View solution

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?

View solution

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?

View solution

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

View solution

Q. Which of the following factors are considered during direct negotiations with the vendors in the negotiation and selection stage of supplier selection and evaluation?

View solution

Q. In which stage of supplier selection and criteria, performance of the supplier is evaluated based on quality and promptness in delivery?

View solution

Q. Frequent rejections upset the production schedule.

View solution

Q. Late deliveries may cause stoppages in production.

View solution

Q. Which of the following is not a part of the history card?

View solution

Q. Which of the following is incorrect with respect to Ishikawa’s ten conditions for selection and evaluation of suppliers?

View solution

Q. Supplier selection process is followed by supplier certification process.

View solution

Q. Supplier certification process starts only after the supplier begins shipment of the product to the organization.

View solution