Sourcing and Purchasing Quiz

Sourcing and Purchasing Quiz

University

32 Qs

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Sourcing and Purchasing Quiz

Sourcing and Purchasing Quiz

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Vua Tac

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32 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ is responsible for all activities related to purchasing goods and services.

Manufacturing

Marketing

Sourcing

Logistics

Finance

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sourcing addresses the _____ part of the supply chain:

Channels of distribution

Market segmentation

Upstream

Downstream

None of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ is a term that defines the process of buying goods and services.

Manufacturing

Marketing

Sourcing

Logistics

Purchasing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ sourcing focuses on more than just price when selecting suppliers.

Innovative

Supply side

Tactical

Functional

Strategic

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Factors in the marketplace that elevated sourcing from a clerical-oriented function include:

Internet technology

Global competition

Growth of consumer sourcing

Multiple distribution channels

a and b

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Purchasing laundry detergent at a retail store is an example of:

Commercial sourcing

Consumer sourcing

Retail sourcing

Mass customization

None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Attributes of a commercial sourcing include:

Multiple suppliers of common products

Buyers are final consumers of products

Buyer does not negotiate purchase price

Buyers have specialized purchasing needs

All of the above

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