ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The main considerations for selecting suppliers are Quality, Cost, Delivery and Services.
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cheap
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wrong
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -When it comes to choosing suppliers, procurement departments rely on a number of qualitative, quantitative, subjective and objective criteria. Since 1991, Weber & Al. have identified three main criteria: price, delivery and quality.
Detailed explanation-2: -Supplier Selection Criteria. First Stage: Evaluating Offers. Second Stage: Operational Capacity Analysis. Third Stage: Technical Capability Determination. Fourth Stage: Financial Analysis. Conclusion. 27-Feb-2019
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