The major focus of a purchaser's efforts to reduce costs should be on critical products where relatively few suppliers exist but the items are of higher value.
Indicate whether the statement is true or false
Question 2A(n) __________is a company that provides you with a connection to the Internet as well as related Internet-based services and choosing the right one for your e-business is crucial.
a. Regional Exchange Carrier (REC)
b. WWW Interconnect (WWWI)
c. Ethernet Service Provider (ESP)
d. Internet Service Provider (ISP)
e. satellite service system (SSS)
Question 3The major benefits from cost-reduction efforts occur when supply management is involved in the new-product/service development cycle.
Indicate whether the statement is true or false
Question 4_________________ has the primary responsibility for maintaining the accuracy, organization and functionality of the e-commerce web site which are crucial to the success of the site.
a. The big cheese
b. The e-commerce manager
c. The Webmaster
d. The marketing manager
e. The regional web manager
Question 5Price analysis refers to the process of comparing supplier prices with subject matter experts' estimate of the price.
Indicate whether the statement is true or false
Question 6When setting up an online presence, all of the following are necessary except
a. proficiency at a word processing program.
b. the ability to type.
c. familiarity with HTML.
d. COBOL programming knowledge.
e. understanding of advertising procedure, graphics and copy.
Question 7A major responsibility of supply management is to ensure that the price paid for an item is fair and reasonable.
Indicate whether the statement is true or false
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