WorksheetsLO3-SCM
Total questions: 10
Worksheet time: 5mins
In the following technique of "Strategic Cost Management" different products and commodities ae combined together and dispatched in a single shipping to reduce cost
Activity based
TQM
Bundling
Life Cycle Costing
In Methods of "Pricing in sourcing", Risk plays an very vital role for make or Buy
General & Economic Considerations
Price Analysis
Administration of Make or Buy decision
Volatile nature of Make or Buy decision
Following is not among the "Three pillar" of Make or Buy Decision
Management Policy
Business Strategy
Level of Risk
Economic factors
In following strategic sourcing techniques Suppliers are asked to stay closer to the Manufacturing firms
Outsourcing
In-sourcing
Near sourcing
Global sourcing
Company like "Apple" uses following purchase design more often
Technology transfer
Hubs & Markets
Make to order sourcing
In following types of "discounts" are given for long term associated suppliers
Trade discounts
Cash Discount
Quantity discount
Loyalty discount
In the following condition, Negotiation is initiated due to good price offer by another supplier
Better Deal
Renewal of contract
New supplier induction
Formation of a contract
In following style of negotiation, the buyer helps the suppliers with creative solutions to the existing problems
Accommodative
Avoiding
Compromising
Collaborative
Following is not a "role" of a lawyer in the negotiation process
Arbitrate
Resolve cultural differences
Pass judgement on the misconduct
Monitor ethical conduct
Following characteristics/ quality of a good negotiator indicates his patience level
Articulation
Perseverance
Flexibility
Non-jedgemental
