2-11 Purchasing Quizizz

2-11 Purchasing Quizizz

12th Grade

15 Qs

quiz-placeholder

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2-11 Purchasing Quizizz

2-11 Purchasing Quizizz

Assessment

Quiz

Hospitality and Catering

12th Grade

Practice Problem

Easy

Created by

Clifton Rice

Used 4+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

What are specifications or specs?

Informal requests for items

Detailed descriptions of all the characteristics needed to fill a purchase need

A list of items needed for storage

A summary of purchase history

2.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

What are requisitions?

Informal notes for items

Formal requests for items to be ordered or used from storage

A list of items to be discarded

A summary of inventory

3.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

What is a franchise?

A type of product

A legal business relationship in which an independent owner buys the right to use a company’s name, products, and logo

A type of marketing strategy

A form of employee training

4.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

What is the purpose of specifications in purchasing?

To create marketing plans

To provide detailed descriptions needed to fill a purchase need

To summarize financial reports

To list employee duties

5.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

What is a key characteristic of a franchise?

It is owned by a single individual

It involves buying the right to use a company’s name, products, and logo

It is a non-profit organization

It operates without a brand name

6.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

What is an example of a company that operates as a franchise?

A local bakery

McDonald's

A neighborhood bookstore

A private clinic

7.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

What is a "Quote or daily bid"?

A legally binding written document

The price retailers pay for the convenience of selecting the time of delivery

Notice of a price that a supplier gives to a buyer during the purchasing process

The cost of choosing a quick but expensive form of transport

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