Multiple Choice
The purchasing cycle ends when the purchasing department is notified that:
A) an order has been placed.
B) potential suppliers have been identified.
C) the supplier has been paid.
D) the supplier has been selected.
E) the order has been received.
Correct Answer:
Verified
Correct Answer:
Verified
Q46: The item fill rate is categorized as
Q47: The ability for members to connect in
Q48: What is the term used to identify
Q49: Decentralized purchasing means buying the same item
Q50: A company's supply chain involves the flow
Q52: Overseeing the shipment of incoming and outgoing
Q53: Buyers are more likely to require quotes
Q54: Typically,Japanese companies rely on short-term contracts with
Q55: Long-term contracts imply stronger relationships with fewer
Q56: Which of the following is an advantage