Question: Question 2 (1 point) Purchasing is an important logistical function for all of the following reasons except savings in purchase costs can add significantly to

Question 2 (1 point) Purchasing is an important

Question 2 (1 point) Purchasing is an important logistical function for all of the following reasons except savings in purchase costs can add significantly to a company's profits. it is a major factor in the quality of both goods and services. purchasing contracts protect the company from legal action. purchasing can help improve product design and time to market. sourcing materials from reliable suppliers ensures that the flow of goods meets demand. Previous Page Next Page Page 2 of 60

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

1 (1 point) Electronic options for withdrawals or payments include Question 1 options: A) automatic payments. B) debit and ATM cards C) direct deposits. D) a. and b. E) a., b., and c. SaveQuestion 2...

Question 5 (1 point) At the farmer's market in Irvine, California, the price of avocados is set at $3 each. At that price, 120 avocados are supplied but only 100 are purchased. Represent this on a...

Question 1 (1 point) Saved In the early 1920s, Ford promised its customers that they could have any colour car they wanted, "as long as it was black." Ford's management assumed anyone buying a car...

Question 1 (1 point) Listen Audit committees are likely to participate in the approval of: Question 1 options: Audit staff promotions and salary increase The internal audit report observations and...

Question 1 (1 point) What is the legal principle of "limited liability"? Question 1 options: a) Shareholders' liability is limited to their investment in the corporation. b) Directors are not...

Question 1 1 Point What is the impact of high Threat of Substitutes on the industry average profits? Increased profits No impact Reduced profits Question 2 1 Point Which of the answers below best...

1 (1 point) Capital _________decisions involve analyzing and deciding what long-term investments to make. Question 1 options: Sourcing Budgeting Gaining Question 2 (1 point) Capital budgeting...

Question 1 (1 point) Security markets provide liquidity Question 1 options: A) by allowing corporations to raise funds by selling new issues. B) by creating a market in which owners may easily turn...

MCQ Customer excellence focuses on: Question 1 options: Retaining customers and providing excellent customer service Efficient operations and excellent supply chain and human resource management....

MaDonna's has just completed an initial public offering. The firms sold 6 million shares at an offer price of $16 per share. The underwriting spread was $.50 per share. The price of the stock closed...

A company is studying the average manufacturing time of the same product two years ago (denoted Year 1) and last year (denoted Year 2). Independent random samples have been selected from each year...

What is the approximate pka for the weak acid. pH 14 12- 10- 8 6 4 2 0 0 Answer: 2 (c) Equivalence point (b) Buffer region (a) Weak acid (d) Excess hydroxide ion 4 6 8 10 Volume of NaOH (mL) 12 14...

6. Find (i) the total surface area, (ii) the volume, of the solid cylinder with conical ends as shown. 6 m 6 m -8m- 8 m

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...