6. T/F – The larger the organization, the lesser the absolute amount of spend with suppliers. 7. The key question in strategic supply management is:
8. To effectively manage supply risks, the supply manager must: a.inform the corporate risk officer of a potential risk, await instructions, and implement the directive.b.seek input from senior executives in other functional areas, propose a risk mitigation plan, and awaitinstructions from senior management.c.identify and classify risks, assess the potential impact, and develop a risk mitigation strategy.d.review the commodity strategy, revise it as needed, and implement the strategy revision.e.confer with the organization’s management consultant, provide all requested data, and implement the consultant’s plan.
9. Linking supply strategy to corporate strategy is: