Multiple Choice
The business term that involves choosing a supplier, agreeing what to buy at a certain price and by when is called?
A) Logistics
B) Supply chain management
C) Stock control
D) Procurement
Correct Answer:
Verified
Correct Answer:
Verified
Q19: ………….. uses advanced materials handling systems under
Q20: Procurement methods have considerable impact on...............<br>A)Product pricing<br>B)Inventory
Q21: Which of the following is not an
Q22: Lean production involves<br>A)Improvement of speed only<br>B)Improvement of
Q23: Which of the following is not a
Q25: Which came last in the development of
Q26: The major decision areas in supply chain
Q27: 3-PL stands for<br>A)Three points logistics<br>B)Third party logistics<br>C)Three
Q28: The time difference between a business ordering
Q29: The purpose of supply chain management is<br>A)Provide