Questions 11-15 are based on general theoretical principles. QUESTION 11 Why is the Quick Response (QR) technique suitable for performing demand planning and control for fashion clothing sold at retail level? [1] ordering from the Far East will lower purchasing prices [2] markdown clothing can be provided to less privileged communities [3] using local seamstresses will lower inventory costs when consumers' tastes change, replenishment time is reduced QUESTION 12 How would a breakeven analysis assist a purchasing and supply manager during price determination? [1] the longer it takes a supplier to reach the breakeven point, the better price negotiations will end [2] the more is known about a supplier's cost structure and revenue figures, the more reasonable the price will be the higher the target price based on the supplier's cost structure, the more reasonable the profit [3] [4] the more information revealed on cost structure and revenue figures, the weaker the supplier's competitive position QUESTION 13 Recording the quality of incoming goods is a step during the quality control process. When ordering new items with high-quality requirements for the first time, which type of inspection is desirable? [1] no inspection, because the suppliers are reliable [2] sample inspection, because inspectors are well trained [3] total inspection, because zero defects are allowed [4] probability sampling, because the random inspection is reliable QUESTION 14 On the first day of training, you as the purchasing and supply manager explain to trainees that the level of internal service quality that internal suppliers provide to internal customers is part of the total drive of ensuring quality for the ultimate customer. Which one of the following parties forms part of the internal customers? [1] marketing officials [2] certified suppliers [3] purchasing and supply officials [4] wholesalers and retailers QUESTION 15 The King Reports stress corporate citizenship and integrated sustainability, the so-called triple bottom line, which refers to ... [1] people, planet, and profit supplier, quality, and cost [2] [3] ethics, community, and human rights [4] processes, total cost ownership, and value