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Quiz_ Chapter 2 Quiz

Quiz_ Chapter 2 Quiz - Quiz Chapter 2 Quiz...

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Chapter 2 Quiz Submitted by cmd5150 on 1/29/2010 5:26:58 PM Points Awarded 13 Points Missed 2 Percentage 87% 1. In a survey of purchasers and design engineers about their relationship and roles in the design stage: A. more than 90 percent of purchasers reported that they initiated the contact with engineers. B. both purchasers and engineers reported that purchasing handles price negotiation. C. there was a high level of congruence in most responses. D. there was no congruence in any of the responses. E. more than 90 percent of the engineers reported that they initiated the contact with purchasing. Points Earned: 1/1 Correct Answer: B Your Response: B 2. What purchasing goal is often overlooked by many manufacturing organizations? A. Obtaining the lowest purchased cost B. Obtaining the best quality C. Minimizing the inventory investment Points Earned: 1/1 Correct Answer: C Your Response: C 3. The primary factor which has led firms to adopt centralized-decentralized purchasing, in which the purchasing function is centralized on a division or plant basis, but decentralized on a corporate basis, is the: A. concept of completed staff work. B. profit-center concept. C. threat of antitrust action. D. possibility of obtaining discounts. E. principle of integrated functionalism. Points Earned: 1/1 Correct Answer: B Your Response: B 4. High-performing cross-functional supply teams:
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Quiz_ Chapter 2 Quiz - Quiz Chapter 2 Quiz...

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