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Buy Right LAP Test

Authored by Flexcia Dowell

Other

9th - 12th Grade

Used 30+ times

Buy Right LAP Test
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nina oversees the buying of goods and services for her company. Which business department does she likely work in?

 

Negotiating

 

Transformation

  Selling

 

Purchasing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are three types of buying?

 

  Buying for resale, buying for make-or-buy decisions, and buying for retailers

 

Buying for transformation, buying for business use, and buying for wholesalers

Buying for resale, buying for transformation, and buying for business use

  Buying for resale, buying for transformation, and buying for retailers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Jeremiah purchases sterling silver necklaces and bracelets from Native American artisans and sells the items to jewelry stores and gift shops. What kind of buyer is Jeremiah?

 

Wholesale

 

Industrial

 

Business use

 

Retail

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Suzette purchases sporting goods from several different manufacturers and sells the items in her shop, Suzy’s Sports. What kind of buyer is Suzette?

 

Business use

 

Wholesale

 

Retail

  Industrial

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Molly purchases raw materials for a factory that changes the shape or appearance of those materials through a process known as

 

specification.

 

 

transformation.

affirmation.

 

negotiation.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a detail that a buyer should know prior to placing an order for raw materials:

 

 

Whether the company has storage space for the raw materials

 

How the finished product will be marketed

  Who will be purchasing the finished products

Which employees will be converting the raw materials into finished products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following companies is most likely to purchase raw materials and components to convert into finished products:

 

Ford

 

Target

 

Big Lots

 

Sears

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