Purchasing Methods Quiz

Purchasing Methods Quiz

University

10 Qs

quiz-placeholder

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Purchasing Methods Quiz

Purchasing Methods Quiz

Assessment

Quiz

Business

University

Practice Problem

Hard

Created by

Haifa AlJaberi

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step in obtaining specifications for goods and services to be purchased?

Determine the needs of the store

Request for quotations

Research potential suppliers

Negotiate with suppliers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is responsible for influencing the purchase decision in a buying center?

Users

Influencers

Deciders

Approvers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a Local Purchase Order (LPO) help to evaluate?

Customer feedback

Market trends

Potential suppliers

Sales data

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which purchasing method is used for routine purchases and offers speed and efficiency?

Request for proposal

Spot Buy

Online ordering

Blanket Purchase Order

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a disadvantage of online ordering?

Immediate processing

Lack of personal interaction

Convenience

Speed of delivery

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of a Request for Proposal (RFP)?

To finalize purchase terms

To obtain bids from multiple suppliers

To evaluate supplier performance

To negotiate prices with suppliers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the components needed in a product specification sheet?

Dimensions and weight

Marketing strategy

Sales history

Supplier contact information

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