Which of the following is TRUE?
A)SRM software modules are very affordable (less than $50,000)and can be implemented with a week.
B)ISO 75000 is the supplier award given to the highest rated supplier in Japan.
C)The key to successful partnerships is developing performance measures with weights greater than 3.50.
D)Continuous improvement and change management are both keys to building successful partnerships.

Question

Quizplus · Accepted Answer

The statement that "Continuous improvement and change management are both keys to building successful partnerships" is true. Option A is incorrect as SRM software modules may not always be affordable and implementation time may vary. Option B is incorrect as ISO 75000 is not a recognized standard or award. Option C is incorrect as there is no set weight for performance measures in partnerships, and it varies depending on the specific context and goals.

Which of the Following Is TRUE