99. When checking management capabilities, the existence of high turnover the ma
ID: 367490 • Letter: 9
Question
99. When checking management capabilities, the existence of high turnover the management ranks may be a indicator of potential supplier problems 1. True 2. False 100. Terms such as purchasing, procurement, supply, supply chain and logistics do not have standard definitions that are widely used across sectors and industries 1. True 2. False 101. Supply management has evolved from a transaction-based, tactical function to a process-oriented, strategic function I. True 2. False 102. Since labour and other costs greatly exceed outlays for purchased materials and services in most organisations, supply is of little consequence 1. True 2. False 103. A single source supplier may hold the buyer hostage by unduly raising prices or becoming too complacent, particularly when there are higher switching costs True 2. False 104. Until relatively recently (i.e. the past 20 years or so) it would be generally true that purchasing was not viewed as a profit contributor in most organisations 1. True 2. False 105. The major reason for limiting the number of suppliers in the supplier selection and evaluation model is that the resources available to the purchaser for this activity are limited to the department's resources I. True 2. False 106. An important part of negotiation is realising that the process involves relationships between people, not just organisations True 2. False 107. It is acceptable for a negotiator to give away a concession without getting something off equal or greater value in return. 1. True 2. FalseExplanation / Answer
The correct option is True.
A High turnover rate can be an indicator or can be interpreted as a sign that management is not doing several positive things, one of them being supplier problem.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.