A/An _____ involves sending a preliminary survey to suppliers.

A/An _____ involves sending a preliminary survey to suppliers.
 a. request for quotation
 b. request for information
 c. purchase order
 d. order release
 e. All of the above.

Question 2

Leading companies, by their very actions, drive the globalization process.
 
 Indicate whether the statement is true or false

Question 3

_____ focuses on the continued ability of the supplier's human, intellectual, and physical capital to meet the buying firm's requirements with respect to quality and delivery.
 a. Operational risk management
 b. Global sourcing
 c. Logistics risk management
 d. Total quality management
 e. Financial risk management

Question 4

Mininationals are consortiums of companies (like Chambers of Commerce) that act as a lobbying force for global issues.
 
 Indicate whether the statement is true or false

Question 5

_____ is defined as the continual monitoring of the strength of suppliers' financial condition to ensure their ability to meet the purchaser's performance requirements for products or services.
 a. Operational risk management
 b. Sole sourcing
 c. Financial risk management
 d. Multiple sourcing
 e. None of the above.

Question 6

In highly contested consumer goods sectors, launching a new brand may cost as much as 100 million.
 
 Indicate whether the statement is true or false

Question 7

_____ is the process of identifying potential negative events, assessing the likelihood of their occurrence, heading off these events before they occur or reducing the probability that they will occur, and making contingency plans to mitigate the consequences if they do occur.
 a. Supplier selection
 b. Supplier evaluation
 c. Supplier categorization
 d. Global sourcing
 e. Risk management