Do you think the proper way to choose a supplier is to always find the one that

Question:

Do you think the proper way to choose a supplier is to always find the one that will give the lowest price? When might this not be a good idea?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Management Process

ISBN: 978-0201822939

4th Edition

Authors: Lee Long

See More Books

Question Posted: Jun 29, 2012 06:35 AM

See More Questions

Do you think the price elasticity of demand for Ford sport - utility vehicles (SUVs) will increase, decrease, or remain the same when each of the following events occurs? Explain your answer. a....
Do you think the sustainable growth model would be appropriate for a highly cyclical firm?
Do you think the demand for careers in fraud prevention and detection is increasing or decreasing? Why?
Use a calculator to approximate the value. Round your answer to two decimal places. arccos(0.051)
Lennon Fans manufactures three model fans 290 for industrial use. The standard selling price and cost of each fan follow: Essentially, all overhead costs are fixed. Some of the fixed overhead costs...
How is a bond sinking fund classified on a balance sheet?
To improve the quality of the output of any production process, it is necessary first to understand the capabilities of the process (Gitlow, et al., Quality Management: Tools and Methods for...
Speedy Auto Wash is contemplating the purchase of a new high-speed washer to replace the existing washer. The existing washer was purchased two years ago at an installed cost of $120,000; it was...
Happy is a manufacturing company that uses process costing. Material is introduced at the beginning of the process and conversion costs are applied uniformly throughout the process. Data for the...
Two towns, each with three members, are deciding whether to put on a fireworks display to celebrate the New Year. Fireworks cost $360. In each town, some people enjoy fireworks more than others. a....
Is the use of a large number of suppliers a good idea? Why?
Why dont firms just buy out their suppliers and industrial customers, forming conglomerates, instead of practicing supply chain management?
Which of the following should organizations do when selecting a standard? (Select three.) A. Select a standard that can be followed. B. Employ the selected standard. C. Select a flexible standard. D....
Go to: https://www.instagram.com/ryderseyewear/ on your desktop, laptop, or mobile (or a combination of all 3). You are the new Social Media Marketing Manager for Ryders Eyewear. You've been asked...
As leaders, it is very important that we have the ability to assess our own motivation and the motivation of others around us. It is also important to recognize the key factors involved in...
At the end of this exam, you will find Article 1 - " How Companies Can Prepare for a Long Run of High Inflation ". Please read the article and, when necessary, consult additional sources and the...
You can develop your capabilities as a manger by better understanding different ways of motivating and rewarding employees. You can also better prepare for your own career by better understanding the...
Topic: Project Malasakit of Kara David https://projectmalasakit.org/ What is the pros and cons of these alternative courses of the action below: Strengthen the internal organization via promoting it...
The following statements of financial position were drawn up immediately after Pop Ltd had acquired control of Son Ltd. You are to draw up a consolidated statement of financial position....
Federated Shipping, a competing overnight delivery service, informs the customer in Problem 65 that they would ship the 5-pound package for $29.95 and the 20-pound package for $59.20. (A) If...
Let D be the image of R = [1, 4] [1, 4] under the map (u, v) = (u2/v, v2/u). (a) Compute Jac(). (b) Sketch D. (c) Use the Change of Variables Formula to compute Area(D) and f(x,y) dx dy, where...
Tri-County G&T wits 150,000 MWh per year of electrical power to Boulder at $75 per MWh, has fixed costs of $82.5 million per year and has variable costs of $25 per MWh. If Tri-County has 1,000,000...
The Forsite Company is screening three ideas for new services. Resources constraints allow only one idea to be commercialized at the present time. The following estimated have been made for the five...
The Forsite Company is screening three ideas for new services. Resources constraints allow only one idea to be commercialized at the present time. The following estimated have been made for the five...
You plan to buy a house for $325,000 today. If the house is expected to appreciate in value 8% each year, what will its value be seven years from now?
A designated beneficiary of an ABLE account must be ___________ in order to meet the special rules that apply to the increased contribution limit authorized under the Tax Cuts and Jobs Act? a. an...
Stans wholesale buys canned tomatoes from canneries and sells them to retail markets Stan uses the perpetual inventory

Do you think the proper way to choose a supplier is to always find the one that

Question:

Step by Step Answer:

Absolutely not low price is sometimes fine if quality or ...View the full answer

Management Process

Students also viewed these Management Leadership questions