Untitled Quiz

Untitled Quiz

Professional Development

•

30 Qs

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Untitled Quiz

Untitled Quiz

Assessment

Quiz

•

Business

•

Professional Development

•

Practice Problem

•

Easy

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Trần Thị Mai Sau

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30 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following best defines purchasing?

The process of selling goods to customers

The process of acquiring goods and services from suppliers

The management of finished goods inventory

The process of manufacturing goods

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is NOT a key goal of supply chain management?

Reducing costs

Increasing inventory levels

Improving customer satisfaction

Enhancing supplier relationships

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the main purpose of purchasing in an organization?

To reduce the cost of raw materials

To ensure the right materials are available at the right time and cost

To handle all product marketing activities

To design new products

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is an external factor influencing purchasing decisions?

Supplier performance

Company policies

Internal budgets

Production schedules

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which term refers to managing the entire flow of materials, information, and finances in a supply chain?

Procurement

Logistics

Supply Chain Management

Distribution

6.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

The first step in the purchasing process is:

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A purchase requisition is:

A contract between buyer and supplier

An internal document requesting the purchase of items

A document used to receive goods

A payment confirmation form

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