Attributes of a commercial sourcing include: Multiple suppliers of common products Buyers are final consumers of products Buyer does not negotiate purchase price Buyers have specialized purchasing needs All of the above The best way to evaluate price in the sourcing process is: Fair price Sales price Purchasing Cost Break even analysis Total cost of ownership Attributes of functional product sourcing include: Unstable demand Complex products Customized products Predictable demand Short life-cycles A strategy utilized when delaying product differentiation until later in the supply chain is: Standardization Customization Postponement Early supplier involvement None of the above Sourcing a product overseas may have higher product cost and will generally incur a higher inbound transportation cost. higher product cost but will generally incur a lower inbound transportation cost. lower product cost and will generally incur a lower inbound transportation cost. lower product cost but will generally incur a higher inbound transportation cost. The decision to have a third party perform a supply chain function is called Insourcing. Outsourcing. Off-shoring. On-shoring. Using a third party requires a firm to share demand information and, in some cases, intellectual property. This risk would be described as Leakage of sensitive data and information. Underestimation of the cost of coordination. Reduced customer/supplier contact. Loss of internal capability