Multiple Choice
An advantage of buying by performance or function over other specification methods is that it provides:
A) the opportunity for the potential supplier to establish how to make the most suitable product/service.
B) an opportunity to purchase identical requirements from a number of different sources of supply.
C) evidence that the buyer has carefully defined the need and how it may be satisfied.
D) a standard for measuring and checking materials as supplied.
E) the potential for equitable competition by ensuring that the suppliers are quoting for exactly the same material or service.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Traditional criteria for supply management are:<br>A)quality,quantity,delivery and
Q12: The inability to inventory services makes quality
Q13: A criterion in establishing whether a purchase
Q14: For nonrepetitive requirements,a system or process of
Q15: The price of a semiprocessed material-such as
Q17: Most organizations have maintenance,repair and operations requirements.
Q18: New technology:<br>A)seldom contributes to competitive advantage or
Q19: Equipment,real estate,construction,and information technology are examples of
Q20: When a specification is widely known,commonly recognized
Q21: Packaging is an easy category to buy