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mcq procurement 1 .docx - A approach to planning and...

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A______ approach to planning and acquiring organizational needs througheffectively managing suppliers is known as supply management.a.Financialb.Progressivec.Strategicd.Management
QUESTIONCompleteMark 1 out of 1Flag questionQuestion textBusiness buyers seek the benefits in economic social and technical terms andthe total benefit is classified as2
b.Lowest benefit Packagec.Initiating benefit packaged.Highest benefit PackageQUESTIONCompleteMark 0 out of 1Flag questionQuestion textA Consideration is a term used to describe the value that shall be reimbursedto two parties to a contract by another party in return for services or articlesrendered.Select one:3
QUESTIONCompleteMark 1 out of 1Flag questionQuestion textSuppliers are considered as partners in the organizationSelect one:4

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