Test Bank for Purchasing and Supply Chain Management, 4th Edition by W. C. Benton
8 views 0 purchase
Course
INTERNATIONAL BUSINESS
Institution
INTERNATIONAL BUSINESS
Test Bank for Purchasing and Supply Chain Management 4e 4th Edition by W. C. Benton.
ISBN-13: 4759
Full Chapters test bank included
Chapter 1: Purchasing and Supply Chain Management
Introduction
Purchasing Managers, Buyers, and Purchasing Agents
The Evolution of the Purchasing an...
Benton, Purchasing and Supply Chain Management, 4e
Test Bank
Chapter 1: Purchasing and Supply Chain Management
Test Bank
Multiple Choice
1. Which of the following is the key to purchasing becoming a strategic weapon of any
organization?
A. obtaining the right suppliers
B. integrating with other aspects of supply chain management
C. obtaining the lowest possible material costs
D. outsourcing
Ans: B
Learning Objective: 1.1: Identify the role of the purchasing manager, buyer, and
purchasing agent in an organization.
Cognitive Domain: Comprehension
Answer Location: Introduction
Difficulty Level: Medium
AACSB: Systems and processes in organizations
2. Innovative sourcing requires which of the following?
A. strong executive engagement
B. customer focus
C. internally driven strategies
D. all of these
Ans: D
Learning Objective: 1.1: Identify the role of the purchasing manager, buyer, and
purchasing agent in an organization.
Cognitive Domain: Knowledge
Answer Location: Introduction
Difficulty Level: Easy
AACSB: Systems and processes in organizations
3. A(n) ______ buys goods and services for use by their business organization.
A. buyer
B. purchasing agent
C. acquisitions manager
D. purchasing manager
Ans: D
Learning Objective: 1.1: Identify the role of the purchasing manager, buyer, and
purchasing agent in an organization.
Cognitive Domain: Knowledge
Answer Location: Purchasing Managers, Buyers, and Purchasing Agents
Difficulty Level: Easy
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Tutor247. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $29.49. You're not tied to anything after your purchase.