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Survey stage, enquiry stage, negotiation and selection stage, and experience stage are the four stages in supplier selection and evaluation.

Survey stage, enquiry stage, negotiation and selection stage, and experience stage are the four stages in supplier selection and evaluation. Correct Answer True

Survey stage, enquiry stage, negotiation and selection stage, and experience stage are the four stages in supplier selection and evaluation. Identifying the right supplier is important for an organization’s progress.

Related Questions

An engineering survey is proposed in a highway alignment project. The survey include following stages: 1. Preliminary Survey 2. Reconnaissance 3. Map study 4. Final location & detailed Survey. The sequential order of the stages in which the engineering survey is carried out is : (Use Codes 1 to 4 for answering)
Which of the following factors are considered during direct negotiations with the vendors in the negotiation and selection stage of supplier selection and evaluation?
Read the information given below carefully and answer the given questions. For the recruitment process in an accounting organization, the following eligibility criteria are required for the candidates: i) Graduation in Commerce with minimum 60% marks. ii) At least 24 years and not more than 40 years of age as of 1-7-2016. iii) Candidates should have at least 2 years of work experience after education. iv) They should have secured 55% marks in the selection process. However, if the candidate fulfills the above criteria, except: (A) In case of (i), if the candidate is not a graduate in commerce but has a master's degree in finance with 60% marks, he/she should approach the Institute of Finance Management. (B) In case of (iii), if the candidate fulfills the eligibility criteria of at least 2 years work experience after education, not only that he has secured 75% marks in the selection process, he/she may be referred for Trainee Accountant. Based on the above information decide whether the following candidates are eligible in the selection process, and select the appropriate option. You do not have to think about anything other than the information given in the question. All the cases given to you are dated 1-7-2016. Anurag Kumar has 6 years of work experience after education. His birthday is 05-4-1992. He has scored 62% marks in the selection process. He has done his graduation in commerce and has scored 76% marks.
The following are the criteria set by a Retail outlet for the selection of candidates for the post of Store In charge in a reputed mall. 1. The candidate must be a graduate in any stream with minimum of 50% marks. 2. The candidate must have Minimum of 5 years of Sales experience in Retail. 3. The age of the candidate should not be less than 25 years and more than 34 years as on 1st October, 2019. (a) If a candidate satisfies all the criteria except 2 as given above but has an MBA degree and has minimum of 2 years of work experience in sales, she/he must be sent to the General Manager, Recruitment for further interview. (b) If a candidate satisfies all the criteria except 3, but has more than 5 years experience as a Group Manager and above in Sales managing a team of sales executives, then she/he must be sent to the Regional Manager, Sales & Marketing, for further interview Based on the above criteria and conditions, analyze and decide which of the following course of action should be taken for the candidate whose description is provided below. Please note that you are not to assume anything other than the given information. Sujoy is a graduate with 55% marks and MBA through Correspondence. He was born on Sept 20, 1990. He has 1 year of work experience as a sales executive and 2 years of experience as a Group Manager, Sales. On the basis of the information as given above, which of the following decisions would be appropriate
In which of the following stage in supplier selection and evaluation, standard enquiry forms are sent to the vendors, asking them to present their detailed information?
Study the following information carefully and answer the given questions. For a recruitment process in an ACCOUNTING organization, the candidates need to possess the following qualifications criteria: i) He/she must be a graduate in commerce with at least 60% marks. ii) He/she must be at least 24 years of age and not more than 40 years as of 1-7-2016. iii) He/she must have post-qualification work experience of at least 2 years. iv) He/she should have secured 55% marks in the selection process. However, if the candidate fulfills the above-mentioned criteria except: (A) at (i), and if the candidate is not a graduate in commerce but has a post-graduation degree in finance with a minimum of 60% marks, he/she should be referred to the Finance Manager of the organization. (B) at (iii), and if the candidate fulfills all the eligibility criteria of post-qualification work experience but has secured 75% marks in the selection process, he/she may be referred to the Trainee Accountant. Based on the above information, study carefully whether the following candidates are eligible for the recruitment process and mark your answer as follows. You are not to assume anything other than the information provided in each question. All the cases are given to you as of 1-7-2016. Snehlata’s date of birth is 6.2.1990. She has done her graduation and post-graduation in Commerce and secured 61% and 63% marks respectively. She has post-qualification work experience as a Senior Accountant of 3.5 years. She has secured 58.5% marks in the selection process.
Study the following information carefully and answer the given questions. For a recruitment process in an ACCOUNTING organization, the candidates need to possess the following qualifications criteria: (i) He/she should be a graduate in commerce with at least 60% marks. (ii) He/she should be of at least 24 years of age and not more than 40 years as of 1-7-2016. (iii) He/she should have post-qualification work experience of at least 2 years. (iv) He/she should have secured 55% marks in the selection process. However, if the candidate fulfills the above-mentioned criteria except: (A) at (i), and if the candidate is not a graduate in commerce but has a post-graduation degree in finance with a minimum of 60% marks, he/she should be referred to the Finance Manager of the organization. (B) at (ii), and if the candidate fulfills all the eligibility criteria but of post-qualification work experience but has secured 75% marks in the selection process, he/she may be referred to the Trainee Accountant. Based on the above information, study carefully whether the following candidates are eligible for the recruitment process and mark your answer as follows. You are not to assume anything other than the information provided in each question. All the cases are given to you as of 1-7-2016. Mamatha has done graduation in Mechanical Engineering with 59% marks. Her date of birth is 3.5.1991. She is qualified in the selection process and has secured 45% marks in it. She also has two years of post-qualification work experience.
The supplier selection and evaluation stage in which the supplier list is drawn up on the basis of raw information from catalogues, advertisements, and brochures is known as ______
Arrange the following steps in the disciplinary procedure in the correct sequence.
1. Issue a charge sheet
2. Notice of enquiry
3. Suspension pending enquiry
4. Conduct of enquiry
5. Awarding punishment
6. Communicative punishment
7. Preliminary investigation
8. Recording of findings
The passage consists of six sentences. The first and sixth sentences (S1 and S6) are given. The middle four sentences (P, Q, R, S) are given in jumbled order. Find out the proper order for the four sentences. S1: Most people who have come close to death say they remember nothing. P. It may permanently change a person’s perceptions of what is real and important Q. The near-death experience is among the most powerful experiences that a person can have. R. That ‘something’ might be a near-death experience. S. However, a third or more may later report that ‘something happened.’ S6: However, one extraordinary aspect of near-death experience is that a person’s culture, religion, race or education does not affect the pattern of the experience.