In portfolio analysis,the goal when purchasing noncritical or routine spend is to:
A)assure quality at expected levels.
B)minimize price per unit.
C)minimize acquisition time and cost.
D)reduce or eliminate customization.
E)assure continuous supply at lowest total cost of ownership.

Question

Quizplus · Accepted Answer

Minimizing acquisition time and cost is typically the goal for noncritical or routine spend items in portfolio analysis, as these items usually do not directly impact the core operations or strategic goals of a business. Efficient processing and cost reduction are prioritized.

In Portfolio Analysis,the Goal When Purchasing Noncritical or Routine Spend