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SCM-Chap 2

Authored by DR. ZUL ZULFABLI HASAN

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SCM-Chap 2
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25 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 2 pts

Purchasing: The Act of Obtaining merchandise, capital equipment; raw materials, services, or maintenance, repair, and operating (MRO) supplies in exchange for money or its equivalent

True

False

2.

MULTIPLE CHOICE QUESTION

10 sec • 2 pts

Single-source - a risky proposition. Current trends favor fewer sources.

True

False

3.

MULTIPLE CHOICE QUESTION

10 sec • 2 pts

Decentralized purchasing is the practice where individual, local purchasing departments throughout a single corporation make their own, individual purchasing decisions to fulfill their individual local needs.

True

False

4.

MULTIPLE CHOICE QUESTION

10 sec • 2 pts

Merchants – Wholesalers and retailers who purchase for discount

True

False

5.

MULTIPLE CHOICE QUESTION

10 sec • 2 pts

Foreign suppliers located farther away may be able to deliver goods faster than domestic suppliers due to more efficient transportation and logistical systems.

True

False

6.

MULTIPLE CHOICE QUESTION

10 sec • 2 pts

Contracting - term often used for the acquisition of services

True

False

7.

MULTIPLE CHOICE QUESTION

10 sec • 2 pts

Contracting - term often used for the acquisition of services

True

False

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