BUSSHART KM - PRICING & SALES

BUSSHART KM - PRICING & SALES

9th - 12th Grade

10 Qs

quiz-placeholder

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BUSSHART KM - PRICING & SALES

BUSSHART KM - PRICING & SALES

Assessment

Quiz

Professional Development, Business

9th - 12th Grade

Practice Problem

Medium

Created by

William Busshart

Used 9+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Manufacturing companies compete primarily on what factor?

Weight

Sales

Price

Revenue

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What starts the bidding process?

Invitation to Bid

Proposal

Presentation

Power-Point

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of bid is restricted to a select group of prescreened manufacturers?

Open Tender

Restricted Tender

Request for Proposal

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name for a legally binding agreement in which the company agrees to provide products and services?

Bid

Open Tender

Contract

Request for proposal

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not used to calculate the cost of goods sold in a manufacturing business?

Manufactured cost

Packaged cost

Delivered cost

They are all used

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: Legal issues are a component of a bid.

True

False

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

True or False: Timetable for choosing a supplier is one of the components that make up a bid.

T

F

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