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Test Bank for Purchasing and Supply Chain Management, 4th Edition by W. C. Benton CA$41.19   Add to cart

Exam (elaborations)

Test Bank for Purchasing and Supply Chain Management, 4th Edition by W. C. Benton

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  • Course
  • INTERNATIONAL BUSINESS
  • Institution
  • INTERNATIONAL BUSINESS

Test Bank for Purchasing and Supply Chain Management 4e 4th Edition by W. C. Benton. ISBN-13: 4759 Full Chapters test bank included Chapter 1: Purchasing and Supply Chain Management Introduction Purchasing Managers, Buyers, and Purchasing Agents The Evolution of the Purchasing an...

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  • December 9, 2022
  • 238
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
  • INTERNATIONAL BUSINESS
  • INTERNATIONAL BUSINESS
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Benton, Purchasing and Supply Chain Management, 4e
Test Bank



Chapter 1: Purchasing and Supply Chain Management
Test Bank

Multiple Choice

1. Which of the following is the key to purchasing becoming a strategic weapon of any
organization?
A. obtaining the right suppliers
B. integrating with other aspects of supply chain management
C. obtaining the lowest possible material costs
D. outsourcing
Ans: B
Learning Objective: 1.1: Identify the role of the purchasing manager, buyer, and
purchasing agent in an organization.
Cognitive Domain: Comprehension
Answer Location: Introduction
Difficulty Level: Medium
AACSB: Systems and processes in organizations

2. Innovative sourcing requires which of the following?
A. strong executive engagement
B. customer focus
C. internally driven strategies
D. all of these
Ans: D
Learning Objective: 1.1: Identify the role of the purchasing manager, buyer, and
purchasing agent in an organization.
Cognitive Domain: Knowledge
Answer Location: Introduction
Difficulty Level: Easy
AACSB: Systems and processes in organizations

3. A(n) ______ buys goods and services for use by their business organization.
A. buyer
B. purchasing agent
C. acquisitions manager
D. purchasing manager
Ans: D
Learning Objective: 1.1: Identify the role of the purchasing manager, buyer, and
purchasing agent in an organization.
Cognitive Domain: Knowledge
Answer Location: Purchasing Managers, Buyers, and Purchasing Agents
Difficulty Level: Easy

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