Purchasing Management Test

User
Glenda Mcburnie
Course
Spring2015-TRA3132-Purchasing Mngmnt-417278
Test
Exam 2
Started
1/28/15 7:19 PM
Submitted
1/28/15 9:45 PM
Status
Completed
Attempt Score
60 out of 60 points
Time Elapsed
2 hours, 26 minutes
Results Displayed
All Answers, Submitted Answers, Correct Answers
Question 1
2.4 out of 2.4 points

There are many benefits to using EDI. For a smaller company, EDI may help ________

Selected Answer: all of the above
Answers:
keep a valued trading partner or customer

gain new customers or trading partners

all of the above

none of the above

Question 2
2.4 out of 2.4 points

__________ in the supply chain can be defined as the extent of contentment with the relationship.

Selected Answer: Satisfaction
Answers:
Cooperation

Good service

Good supplier relations

Good public relations

Satisfaction

Question 3
2.4 out of 2.4 points

The notion of interfirm power holds its roots in ______________ literature and has been extensively developed by marketing channel researchers.

Selected Answer: social science
Answers:
management science

organizational behavior

organizational science

social science

operations science

Question 4
2.4 out of 2.4 points

As a __________, each department makes a direct contribution to the overall success of the total organization.

Selected Answer: profit center
Answers:
cost center

profit center

profit group

cost group

cost division

Question 5
2.4 out of 2.4 points

A more devastating downside of ______________ is the buyer/seller relationship damage that may result from this method of buying. The buyer runs the risk of alienating both current and potential sources for the goods/services.

Selected Answer: reverse auctions
Answers:
traditional auctions

silent auctions

eBay

Overstock.com

reverse auctions

Question 6
2.4 out of 2.4 points

__________ may not be the solution for all commodity buying. As an example, if there are too few sellers,