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Instruction: Match each statement to the most relevant price/cost analysis t...

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Instruction: Match each statement to the most relevant price/cost analysis term from Chapter 8. The statements appear on the left; choose the term from the dropdowns. Marking: 0.5 marks per correct match; total = 5 marks.

Statement: Ms Dlamini wrote that she “cannot approve a plan that drives our input costs up by 15 %.”

Statement: When evaluating cardboard packaging sourced locally and abroad, the team were advised to “use volume leverage; explore local price-match negotiations.”

Statement: Ms Dlamini reminded her team that purchasing is not just about price. It is about resilience, relationships, and responsible choices.

Statement: Lead times from international suppliers have doubled, and rising fuel prices and foreign-exchange volatility have increased total cost of ownership (TCO).

Statement: The board has emphasised that these commitments must be translated into measurable supply-chain actions, not just policy rhetoric.

Statement: The CFO has stipulated that any shift to local suppliers must not raise the full life-cycle cost beyond the purchase price by more than 4 %.

Statement: Ms Dlamini asked her team to review individual cost components and identify where reductions could be made without undermining supplier sustainability targets.

Statement: Rising fuel prices and foreign-exchange volatility have increased total cost of ownership (TCO).

Statement: The lean sourcing model made the supply chain vulnerable to external shocks and long lead times, increasing supplier influence and bargaining power.

Statement: Fragrance chemicals sourced from exclusive EU supplier are critical to product identity.

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