Asked by Bridget Stokes on May 02, 2024
Verified
Besides price determination,there are very few areas in supply management where negotiation is a useful and cost-effective tool.
Supply Management
The practice of managing the supply chain activities and relationships to achieve competitive advantage and optimize cost.
- Acquire an understanding of formulating a negotiation approach and perceive the effects of an absence of concurrence in acceptable results.
Verified Answer
CT
Callum ThomsMay 06, 2024
Final Answer :
False
Explanation :
Negotiation can be a useful tool in various areas of supply management, such as supplier selection, contract terms and conditions, delivery schedules, quality requirements, and resolving disputes.
Learning Objectives
- Acquire an understanding of formulating a negotiation approach and perceive the effects of an absence of concurrence in acceptable results.
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