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Concerning Procurement, which of the following statements are true? Select all correct answers. One of the reasons to outsource is because a supplier might have

Concerning Procurement, which of the following statements are true? Select all correct answers. One of the reasons to outsource is because a supplier might have better capability. Outsourcing is always cheaper. Procurement cycle is not a traditional functional role of supply chain management. The price "iceberg" in procurement includes defects, delays, and material handling. None of the above

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