WorksheetsPurchasing Chapter 4 Review your Learning
Total questions: 10
Worksheet time: 50mins
Vendor sourcing involves activities in which the buyer
Questions manufacturers about vendors.
Determines which vendors will be approved.
Determines who generally sells at the lowest prices.
Evaluates vendors’ prices for specific orders.
What happens in the best relationships between buyers and vendors?
Vendors are located very close to the buyer’s operation.
Vendors and buyers maximize benefits from their relationship.
Buyers are consistently able to take advantage of vendors.
Vendors always offer lower prices than other vendors.
What is the approximate number of vendors that should be approved for each category of food products?
4
6
9
1
Which is the best information on which to base selection of a vendor?
The vendor is close to the establishment.
The vendor has a good reputation.
The vendor successfully filled a test order.
The vendor offers the lowest prices.
What is a request for proposal (RFP)?
A document from storeroom staff asking for more products to be ordered
A letter to a vendor asking for marketing information about the company
An inquiry to a vendor about prices for products of a specified quality
A form to vendors asking for noncompeting vendor recommendations
Which type of vendor offers a large selection of relatively few products?
Specialty-line vendor
Buyer’s club
Broad-line vendor
Cooperative purchasing vendor
Who purchases most of the products needed by the units in very large organizations?
Franchisee representatives
Local managers
National buying groups
Cooperative purchasing groups
Who typically bills the franchisees for products received through the purchasing system established by a large multiunit franchisor?
The manufacturer
The distributor
The franchisor
The processor
What type of product is most difficult to purchase and distribute in a large multiunit organization?
Fresh produce
Canned goods
Dry goods
Frozen food products
Information helpful in evaluating the performance of local vendors can come from
Franchisors.
Employees.
Customers.
Manufacturers.
