Supplier assessment and feedback allows the organization to determine supplier performance in terms of quality and service. Which form of cost management is a quality-related term that encompasses the physical aspects of a product, its desired performance, and its appropriateness of application?
Explanation
Answer: A - Improved form, fit, and function is a form of cost management that encompasses the physical aspects of a product, its desired performance, and its appropriateness of application. The remaining answers do not define forms of cost management; rather they focus on improved quality and use, easier use and improved capability, and administrative savings and heightened quality.