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Which of the following statements is completely true regarding Commodities as a sourcing category? Question 23 options: Single sourcing is the best strategy when awarding
Which of the following statements is completely true regarding Commodities as a sourcing category? Question 23 options: Single sourcing is the best strategy when awarding business Very robust pricing information is available about commodities AND commodity prices are generally static over time Commodities are fungible from one source to another AND the sourcing strategy for commodities should focus on Supply Assurance Transportation costs for commodities can be significant AND hedging is not an applicable strategy for commodities
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