Purchasing Function
Authored by Michail Doumanis
Business
10th Grade
Used 51+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Products that we get from the Primary sector are called...
Raw Materials
Finished Products
Consumable Stock
Primary Stock
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of these 2 are considered semi-finished goods?
Material
Wooden plank
Television
Hammer
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of these would be considered to be perishable stock?
Apples
Staples
Milk
Paper
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of these would be considered to be maintenance stock?
Pens
Cash Register
Printer cartridges
Laptop
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Goods that the business needs to operate,for example Machines and equipment, are called...
Capital Goods
Machine Goods
Finished Goods
Labour Goods
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When a business orders enough goods so that it can get a discount for buying in bulk. We call this...
Economies of scale
Economic Order Quantities
Lead Time
Bulk Buying
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When a business orders a certain amount of stock so that it can save on delivery costs. We call this...
Economies of Scale
Economic Order Quantities
Lead Time
Deliveries of Scale
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