1. (TCO 3) In the make-or-buy decision, one of the reasons for “buying”� is 2. (TCO 2) The purchasing approach that places the burden of meeting the buyer’s demands on the supplier is 3. (TCO 3) Which of the following is a component of negotiation strategies? 4. (TCO 2) Building a chain of suppliers that focuses on maximizing value to the ultimate customer is 5. (TCO 2) Long-term partnering with a few suppliers is a supply-chain strategy that creates value by allowing suppliers to 6. (TCO 3) Which of the following is NOT TRUE regarding core competencies? 7. (TCO 3) Which of the following statements is most accurate? 8. (TCO 3) Which of the following is NOT an advantage of outsourcing? 9. (TCO 2) Which three issues may prevent an integrated supply chain from becoming more efficient? 10. (TCO 2) The Institute for Supply Management
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