Asked by Manuel Rodriguez on Jun 12, 2024
Verified
In portfolio analysis,strategic goods and service are both more valuable to the buying organization and riskier to acquire.
Portfolio Analysis
The process of reviewing or assessing the elements of a group of investments, assets, or products to make decisions based on performance and risk.
Strategic Goods
Products, services, or materials that are crucial to a company’s business strategy or to national security, often subject to trade controls.
- Implement portfolio analysis for cost optimization in the acquisition of goods and services.
Verified Answer
KA
Keren AlvarezJun 17, 2024
Final Answer :
True
Explanation :
Strategic goods and services are more valuable to the buying organization because they are directly linked to their competitive advantage. However, they are riskier to acquire because they often involve higher costs, longer lead times, and greater complexity. As a result, the buying organization needs to carefully assess and manage the risks associated with acquiring strategic goods and services.
Learning Objectives
- Implement portfolio analysis for cost optimization in the acquisition of goods and services.
Related questions
In Portfolio Analysis,bottleneck Items Are Characterized by High Risk and ...
When Plant Assets Are Purchased as a Group in a ...
An Asset's Cost Includes All Normal and Reasonable Expenditures Necessary ...
Land Improvements Are Generally Charged to the Land Account
Lenco Industries Has Cost of Goods Manufactured of $65 000 ...