L3M4 Exam Dumps | You are a procurement manager for a successful electrical component re-seller and distributor. The company

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Question 49

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Question 49/74

You are a procurement manager for a successful electrical component re-seller and distributor. The company presently carries stock of over fifty thousand different items, some of which may be variances of the same product, or similar products from different manufacturers. The managing director of the business is looking to increase the margin on products sold and has asked for your support. It is a competitive industry with a customer base that will be resistant to a price increase. Which of the following could support this request?

A. Standardize the products purchased

B. Improve the quality of products purchased

C. Reduce the range of products purchased

D. Increase the range of products sold

Correct Answer: C

Explanation:

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