Question: please answer all 5 questions and i will thumbs up. Somebody else posted these questions but the answers are wrong. Make sure these are correct

please answer all 5 questions and i will thumbs
please answer all 5 questions and i will thumbs
please answer all 5 questions and i will thumbs
please answer all 5 questions and i will thumbs
please answer all 5 questions and i will thumbs please answer all 5 questions and i will thumbs up. Somebody else posted these questions but the answers are wrong. Make sure these are correct thanks!
Which of the following statements is incorrect about maverick spending? a. Maverick spending can expose firm to potential risks. O b. Maverick spending is when end user selects a different supplier than supply management has approved. O c. Maverick spending leads to potential loss of opportunity to control cost. O d. Maverick spending is the same as spot buying. Which of the following statements is incorrect about purchasing? O a. Companies can drive innovation by building strong relationships with suppliers O b. There is no risk if companies can source from the best supplier O c. Purchasing can improve product and process designs and reduce time- to-market O d. Purchasing can help companies improve quality and reputation O e. Purchasing can increase value and savings for businesses Which of the following statements is incorrect about supplier selection and evaluation? O a. Supplier evaluation only occurs before supplier selection. O b. Suppliers should maintain buyer's need for confidentiality. O c. Key supplier selection is usually conducted by a cross functional team. O d. By conducting site visits, buying firms can observe firsthand the supplier's operations and capabilities, which can help buying firms get to know the supplier better You have been talking to your co-worker about a document you just sent to a supplier. The document contains your offer to purchase 50 gallons of lubricating oil and has the terms and conditions of the purchase printed on the document. The document is legally binding if the supplier accepts it. This document is a: O a. Material requisition O b. Packing list O c. Request for quotation O d. Purchase order Ben runs a small business and wants to purchase some office supplies and no customization is required. The spending is below $200. What kind of solicitation plan is the most appropriate? a. No solicitation plan is required in such cases O b. Request for quotation O c. Request for proposal O d. Request for information

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