Ask Question
BusinessBusiness
10 September, 20:34

Supply base rationalization:A. explains why a particular supplier has been chosen for a particular requirement. B. is an attempt to reduce the total number of suppliers to an organization. C. is an excuse by a supplier for poor delivery. D. is most appropriate when on-time delivery is the key issue. E. is a master scheme of categorizing suppliers by dollar volume and location.

+3
Answers (1)
  1. 11 September, 00:22
    0
    Answer: Option B

    Explanation: Supply base rationalization refers to the process in which an organisation reduces its number of suppliers. This process is initiated to have good customer service from the best suppliers and maintaining healthy professional relationships with them.

    These are opted by the organisations that are dependent on various different suppliers and are having difficulty managing the operations due to this.

    Hence the correct option is B.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Supply base rationalization:A. explains why a particular supplier has been chosen for a particular requirement. B. is an attempt to reduce ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which telecommunications career field requires a candidate to have a psychology or sociology background? line installer network administrator telecommunication coder network risk analyst
Answers (1)
With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combination of resources in producing those loaves is 5 units of labor, 7 units of land, 2 units of capital, and 1 unit of
Answers (1)
A product may be made using machine I or machine II. The manufacturer estimates that the monthly fixed costs of using machine I are $18,000, whereas the monthly fixed costs of using machine II are $15,000.
Answers (1)
The company was organized on January 1, 2021. The firm was authorized to issue 100,000 shares of $3 par value common stock.
Answers (1)
A duopoly faces an inverse market demand of: p equals 390 minus 3 q 1 minus 3 q 2. You are told that firm 1 is the leader and firm 2 is the follower. Otherwise the firms are identical, each with a constant marginal cost of $90.
Answers (1)
New Questions in Business
Which term is used to describe the amount of biologically productive land/sea area necessary to support the lifestyle of an individual?
Answers (1)
Which of the following options has drastically reduced the costs of operating and transacting on a global scale? A. Internet B. Social network C. Intranet D. Extranet E. Value network
Answers (1)
In year 1, the Consumer Price Index was 120 and the average nominal income was $30,000. In year 2, the Consumer Price Index was 125 and the average nominal level of income was $32,000. What happened to real income from year 1 to year 2?
Answers (1)
Coral Think Inc. is a new company in the publishing industry. It has raised sufficient capital from multiple sources. It is planning to use its capital to purchase certain assets.
Answers (1)
During July at Loeb Corporation, $83,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $4,000.
Answers (1)
Home » Business » Supply base rationalization:A. explains why a particular supplier has been chosen for a particular requirement. B. is an attempt to reduce the total number of suppliers to an organization. C. is an excuse by a supplier for poor delivery. D.
Sign Up Forgot Password?