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Below information is cited from the website of the Purchasing Department of University of Nevada, Las Vegas: "If the purchase is a small dollar non-recurring purchase and meets all criteria for an allowable purchase, it may be made by authorized personnel within departments through the use of the PCard (the University's purchasing card program). Typically, items like books, office, and lab supplies, can be purchased in-store, by mail, phone, or Internet with a PCard. Suppliers listed under Campus Contracts should be used whenever possible." It is important that suppliers listed under Campus Contracts" be used. However, there are situations where suppliers not listed under Campus Contracts are used, this kind of purchase is known as a. Bottleneck item O b. Maverick spending O c. Small expenditure They O d. Spot buying The Purchasing Department at University of Nevada, Las Vegas also states that for purchases of equipment, supplies and services that are $25,000 or more but less than $50,000, a minimum of two written quotes are required. For purchases of personal, professional, and consultant services that are more than $25,000, but less than $50,000, at least two informal proposals are required. With respect to Request for Quotation (RFQ) and Request for Proposal (RFP), which of the following statements is correct? O a. RFP can only be used for service requirements. O b. RFQ cannot be used for service requirements. O c. Both can be used for small random purchases. O d. Both can be used with a Request for Information (RFI). It is critical that focal buying firms measure their suppliers' performance. They can use the performance measurement data in many decisions. Which of the following is not one of them? O a. Determine future purchase volume allocations O b. Support supply base optimization and rationalization efforts O c. All of the choices are relevant O d. Identify poor and high performing suppliers Oe. Identify performance improvement opportunities Many companies and state governments are beginning to pursue centralized purchasing of supplies. Which of the following is true with respect to centralized versus decentralized purchasing? O a. Centralized purchasing leads to local sourcing O b. Centralized purchasing leads to a common supply base O c. Decentralized purchasing uses a common supply base O d. Decentralized purchasing reduces the duplication of activities The purchasing organizational structure can affect all of the following except: O a. Location of formal power for purchasing decisions O b. Scope of jobs in the purchasing function O c. Division of purchasing tasks and activities O d. The overall business strategy of the company