Question 5 (1 point) What is the best sourcing strategy for a product which has

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Question 5 (1 point) What is the best sourcing strategy for a product which has a high risk of disruption, but a low impact on the total value of my supplier chain? Question 5 options: Have multiple suppliers for the same product Purchase products in bulk for the cheapest discount Purchase the products in the cheapest/easiest way possible Built a strategic relationship with the supplier Save Question 6 (1 point) Which of the following would be a list of products which could be considered Functional Products as opposed to Innovative Products? Question 6 options: Tablet Computers, Fashion, New Product Introductions Graphing Calculators, Spaghetti Noodles, Gasoline Blockchain, Ominchannels, and Competitive Advantages Inventory, Forecasting. C

Explanation / Answer

5. Purchase the products in the cheapest and easiest way possible.

As the product has a very less impact on the value of the supply chain, it iuld be better to invest minimum on the product as it also as a high risk of disruption as well.

6. Blockchain, Omnichannels, and Competitive Advantage.

Functional products of a business based on which various aspects of the business relies on and is dependent.

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