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1.Z pic sources a range of complex components from suppliers which are critical to the quality of Z pic's final product. Any disruption to the supply of these components will mean that Z pic cannot maintain its service levels to its own customers.
In the purchasing of these components, which TWO of the following are LEAST likely to be a component of Z pic's supply strategy?
(i) Long-term partnership relations with key suppliers of the components
(ii) A small number of suppliers of the components
(iii) Outsourcing production of the product to low-cost countries
(iv) Consolidating purchases of the components and sourcing from a single supplier to reduce sourcing costs
A (i) and (ii)
B (ii) and (iii)
C (iii) and (iv)
D (i) and (iv) (2 marks)
2. In Robert Anthony's hierarchy, which of the following is the term given to the process of establishing means to corporate ends, mobilising resources and innovating?
A Strategic management
B Tactical management
C Operational management
1 2
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