Procurement and Sourcing Quiz

Sourcing activities, negotiation with suppliers, and strategic selection of goods and services (correct)

Promoting products and services to customers

Quality control and production efficiency

Internal management processes

Conducting financial audits and reporting

Managing customer relationships and marketing strategies

Ensuring a continuous flow of materials, products, and services while seeking cost reduction and maintaining quality levels (correct)

Overseeing employee training and development

Employee benefits and compensation packages

Raw materials, intermediate goods, finished goods, and capital goods needed for business operations (correct)

Marketing materials and promotional items

Research and development resources

<p>Purchasing grain, raw materials, packaging, and labeling products necessary for making breakfast cereal (D)</p> Signup and view all the answers

<p>Supply risk and costs (B)</p> Signup and view all the answers