In the framework for strategic cost management, _____ are ...

[jessicacav]

In the framework for strategic cost management, _____ are high-value products or services and can be sourced through traditional bidding approaches that require price analysis using market forces to do the work and identify what is a competitive price.
 a. critical products
 b. unique products
 c. custom-made products
  d. generics
 e. commodities

Question 2

Partnerships with dealers, such as that enjoyed by Caterpillar tractors are based largely on:
 a. Good communication.
  b. Long-term channel strategy.
  c. Very low prices.
  d. Using technology and up-to-date information systems.
  e. Common goals.

[karlss]

Answer to Question 1

e

Answer to Question 2

B