CLCA 203 SUPPLY CHAIN MODULE 2 QUIZ

A written document where a seller offers goods or services to prospective buyers.

• Sales Proposal

• Product Quotation

• Supplier Search

A document that contains specific products offered by a company as well as the prices per product.

• Sales Proposal

• Product Quotation

• Supplier Search

A strategic method for identifying the right suppliers by checking the legitimacy through online presence.

• Supplier Evaluation and Selection

• Supplier Identification

• Supplier Relationship Management

A strategic method for identifying the right suppliers by checking their ability in terms of right quantity.

• Supplier Evaluation and Selection

• Supplier Identification

• Supplier Relationship Management

A commitment over an extended time to work together to the mutual benefit of both parties.

• Supplier Evaluation and Selection

• Supplier Identification

• Supplier Relationship Management

A type of activity that was or could be performed internally but it's done by an outside provider instead.

• Global Sourcing

• Ethical Sourcing

• Outsourcing

The search for and selection of suppliers anywhere in the world.

• Global Sourcing

• Ethical Sourcing

• Outsourcing

To bring positive social change through organizations buying behavior.

• Global Sourcing

• Ethical Sourcing

• Outsourcing

The process of discussing something with someone in order to reach an agreement.

• Negotiation

• Contracting

To enter into a formal and legally binding agreement.

• Negotiation

• Contracting