Effective supply strategy consists of connecting internal

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1. T/F Lack of following the company’s supply process may indicate that the company’s employees do not trust the process or its suppliers.

2. T/F  One of the functions of a purchase requisition is   to get possible price quotes for items from its suppliers.

3. T/F  The main objective of an effective supply strategy consists of connecting internal users of purchased goods and services.

4. T/F To obtain delivery, quality or cost objectives, top companies tend to expand the size of their supplier base.

5. T/F According to the text, early supply involvement occurs when supply managers lead any new product development teams.

6. Yater’s Inc. is a food and beverage company based in the United States. The company decides to market and sell its products in all European countries under the same brand name. In this scenario, Yater’s Inc. has decided to use a(n) _____.

a) co-branding strategy

b) individual branding strategy

c) one-brand-name strategy

d) transactional marketing strategy

Reference no: EM132227382

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