Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please solve these 5 q about category management corectlyyyy Defining the business requirements is an important step of the initiation phase. Which of the below
please solve these 5 q about category management corectlyyyy
Defining the business requirements is an important step of the initiation phase. Which of the below statements are true? (select all that apply) A) Business requirements must come from procurement staff alone. B) The team defining the business requirements must distinguish between must-have and niceto-have requirements. C) Requirements have to be challenged by the cross-functional team. D) A method for defining business requirements is the RAQSCI method. E) RAQSCI stands for: requirement, assessment, quality, service, control and investigation. F) RAQSCI stands for regulatory, availability, quality, service, cost and innovation. The first step in the strategy phase is developing the category strategy. Which of the following tasks must the cross-functional team undertake to get it right? (select all that apply) A) Generate ideas. B) Ask questions. C) Group ideas under themes. D) List the potential strategies. E) List the selected ideas. F) Select the best category strategy. During the process for selecting the best category strategy, a checklist is often used. The strategy development checklist can be presented as a triangle. Which of the following are the 3 axes used to check the potential category strategies? (select all that apply) A) Needs. B) Supply Chain. C) Total cost. D) Supply base. E) Leverage. F) Competitiveness. In addition to using the change curve and matrix, managing change is also about a series of proactive measures aimed at accelerating the change. Acceleration allows organizations to achieve their targets with less resistance. Which of the following are the proactive measures? (select all that apply) A) Executive management approach. B) Selecting full-time resources. C) Creating a sense of urgency. D) Executive support. E) Providing adequate resources. When executing the continuous improvement phase, the cross-functional team ...? (select all that apply) A) Sends the RFP document to the suppliers. B) Is often broken up. C) Moves on to another category. D) Quits the company and looks for another job Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started