Introduction to purchasing Quiz

david dearing
Quiz by david dearing, updated more than 1 year ago
david dearing
Created by david dearing over 3 years ago
127
1

Description

Introduction to purchasing quiz

Resource summary

Question 1

Question
What are the 5 rights of purchasing?
Answer
  • Product place promotion price quantity
  • Price place Quality Quantity Time
  • Supplier Quality Quantity price Product
  • Cost Quality Quantity Time Product

Question 2

Question
Which of the following is defect detection
Answer
  • qc
  • qa
  • tqm
  • 5S

Question 3

Question
What the International Standard standard for environmental management?
Answer
  • ISO14001
  • ISO9001
  • ISO27000
  • ISO20400

Question 4

Question
The [blank_start]equilibrium price[blank_end] is where demand and supply are equal.
Answer
  • Equilibrium price
  • Best price
  • Lowest price
  • Efficient price

Question 5

Question
What will happen to price in a market where demand exceeds suuply?
Answer
  • Prices will increase
  • Demand will decrease
  • Price will fall
  • Demand will not change
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