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Which of the following is the FIRST step that a supply manager should take to ensure proper social responsibility in the management of regulated materials? 

A firm's human resources (HR) department would like to expand a successful training program butdoes not have funding to do so. The firm's supply manager believes that strategic sourcing of other HR spend categories can reduce costs to provide funding for the training program. Which of the following influencing tactics should the supply manager use FIRST in order to convince HR to employ strategic sourcing? 

Two gourmet food companies merge, and the combined entity attains an increase in its market share. The firm is considering an expansion of its product line, but material costs have risen and stock shortages are creating problems which need to be resolved before any expansion takes place. The firm’s supply managers find that no clear definition of responsibilities was outlined during the merger process for several commodity categories. Which of the following did executive management fail to address? 

A junior buyer joins a procurement organization and spends the first month observing a seniorbuyer conduct various sourcing events. This is an example of what type of training delivery method? 

Which of the following requires a working knowledge of payback and net present value?