BUAD 331- Module 7 (Knowledge Check & Module Exam) correctly answered

BUAD 331- Module 7 (Knowledge Check & Module Exam)Sourcing is the inputs (or things we buy), including materials, sub-assembled components, equipment, and services, that are required to create value. TRUE or FALSE - correct answer FALSE Which of the following is NOT an area in which successful supply managers need expertise? A.) Technologies B.) Customers C.) Suppliers D.) Processes E.) Resources - correct answer B.) Customers When purchasing and supply management works well within an organization, the company acquires the best resources from around the world, which allows its to compete on cost, quality, and innovation. TRUE or FALSE - correct answer TRUE Which of the following is the most important right of purchasing? A.) Delivery to the RIGHT place B.) The RIGHT price C.) The RIGHT supplier D.) The RIGHT time E.) The RIGHT material - correct answer C.) The RIGHT supplier