Strategic Sourcing Quiz

Quiz
•
Business
•
9th - 12th Grade
•
Hard

Byron Suquilanda
Used 5+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
10 mins • 4 pts
Benjamin is starting a new business and needs to find a company that can supply the necessary goods and services. What is the process he should follow to identify such a company?
Strategic Sourcing
Sourcing
2.
MULTIPLE CHOICE QUESTION
10 mins • 4 pts
Aria, and Avery are working on a project for their company. They need to find a comprehensive approach for locating and sourcing key suppliers to leverage consolidated purchasing power. What approach should they use?
Strategic Sourcing
Insourcing
3.
MULTIPLE CHOICE QUESTION
10 mins • 4 pts
Maya is working on a strategic sourcing project for her company. What does she need to analyze?
What her company buys
Who her company's competitors are
4.
MULTIPLE CHOICE QUESTION
10 mins • 4 pts
You team is working on a project. They are discussing the emphasis in strategic sourcing for their project. What are they focusing on?
The marketing strategy of their project
The entire life-cycle of their project
5.
MULTIPLE CHOICE QUESTION
10 mins • 4 pts
Ethan, and Kai are members of a procurement team in a company. They are discussing the objectives of strategic sourcing for their next project. What should be their primary objectives?
Increase cost and reduce quality
Reduce cost and maintain or improve quality
6.
MULTIPLE CHOICE QUESTION
10 mins • 4 pts
Liam started a tech startup and he is considering producing software using his company's own internal resources. What is the term for this approach?
Insourcing
Sourcing
7.
MULTIPLE CHOICE QUESTION
10 mins • 4 pts
Your company used to produce their own marketing materials internally. However, they decided to hire an external agency to handle it instead. What is the term for this process?
Sourcing
Outsourcing
Create a free account and access millions of resources
Similar Resources on Wayground
13 questions
Chapter 7 Quiz Review

Quiz
•
9th - 12th Grade
12 questions
U4 AOS 1 Bus Man Section 4 Quiz - Driving Forces

Quiz
•
12th Grade - Professi...
10 questions
E OBJ 4.02 MC

Quiz
•
9th - 12th Grade
10 questions
Mergers and Acquisitions: Benefits and Risks

Quiz
•
12th Grade - University
12 questions
Unit 3 Review - Finance (3.1-3.5 + 3.7)

Quiz
•
11th Grade
20 questions
Kuis Komputer Akuntansi

Quiz
•
11th Grade
10 questions
IB Business Management - 1.4 Stakeholders + SWOT

Quiz
•
11th Grade
15 questions
1-8 Competition

Quiz
•
9th Grade
Popular Resources on Wayground
50 questions
Trivia 7/25

Quiz
•
12th Grade
11 questions
Standard Response Protocol

Quiz
•
6th - 8th Grade
11 questions
Negative Exponents

Quiz
•
7th - 8th Grade
12 questions
Exponent Expressions

Quiz
•
6th Grade
4 questions
Exit Ticket 7/29

Quiz
•
8th Grade
20 questions
Subject-Verb Agreement

Quiz
•
9th Grade
20 questions
One Step Equations All Operations

Quiz
•
6th - 7th Grade
18 questions
"A Quilt of a Country"

Quiz
•
9th Grade
Discover more resources for Business
50 questions
Trivia 7/25

Quiz
•
12th Grade
20 questions
Subject-Verb Agreement

Quiz
•
9th Grade
18 questions
"A Quilt of a Country"

Quiz
•
9th Grade
6 questions
RL.10.1 Cite Evidence

Quiz
•
10th Grade
10 questions
Characteristics of Life

Quiz
•
9th - 10th Grade
14 questions
Algebra 1 SOL Review #1

Quiz
•
9th Grade