Purchasing exam Vraag 1 Statement: Purchasing is purely a tactic activity in an organization. a. True. b. False. Vraag 2 Which of the following phrases fits to the logistic expression: integral chain method? a. The client’s purchasing activity is the input for purchasing from my suppliers. b. All parts work for the end customer. c. All parts of the supply chain work for the end product d. Chain is only strong as its weakest part. Vraag 3 What is the goal of purchasing strategy? a.
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Table of Contents 1) Introduction 2 2) The Purchasing Department 3 3) The Sales & Marketing Department 3.1) Roles & Responsibilities 4 3.2) Sales & Marketing’s Relationship with Purchasing 4 4) The Accounts & Finance Department 4.1) Roles & Responsibilities 5 4.2) Accounts & Finance’s Relationship with Purchasing 5 5) The Human Resource Department 5.1) Roles & Responsibilities 6 5.2) Human Resource’s Relationship with Purchasing 6 6) The Production Department 6.1) Roles & Responsibilities
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Leeanna Lackie November 20‚ 2012 Mar 1011—Marketing Learning Log #2 Chapter 14 Brand Preference (pg. 400): The degree of brand loyalty in which a customer prefers one brand over competitive offerings. For me brand preference is prevalent when I go to the mall to go shopping for new sneakers. I prefer to buy Nike sneakers even though there are plenty of other competitors like Adidas or Reebok‚ but it is not the same shoe for me. I know I can rely on the comfort and durability from the Nike
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Differences between Tax Avoidance and Tax Evasion Tax avoidance is generally the legal exploitation of the tax regime to one’s own advantage‚ to attempt to reduce the amount of tax that is payable by means that are within the law whilst making a full disclosure of the material information to the tax authorities. Examples of tax avoidance involve using tax deductions‚ changing one’s business structure through incorporation or establishing an offshore company in a tax haven. By contrast tax evasion
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expedited in order to maximize the companies efficiencies and create less problems in the supply chain. I recommend that Blozis should change make changes to some of the procurement staff duties to better utilize their skill sets and create an easier purchasing process for the operations department. The company must also invest in up to date software to gain the ability of tracking expenses to particular areas as well as knowing when and where goods have been received in the organization. Issue Identification
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Asking the Customer by Asking the Database. A customer database is helpful to companies like Kodak because it lets them see who their customers are‚ so they can market specifically to them‚ and it lets them know what their customers are purchasing. If these companies did not have customer databases then they would have to find another way to gather the same information‚ IE: surverys. The information that gets housed after a customer purchases something is crucial in marketing strategies
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operates 52 weeks per year. It purchases disposable contact lenses for $11.70 per pair. The following information is available about these lenses. Demand = 90 pairs/week Order cost = $54/order Annual holding cost = 27% of purchasing cost Desired cycle-service level = 80% Lead time = 3 weeks Standard deviation of weekly demand = 15 pairs Current on-hand inventory is 320 pairs‚ with no open orders or backorders. Currently‚ the company uses a
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TEST What is the purchasing mix? In:Marketing Advertising and Sales [Edit categories] [pic][pic]Answer: This is the term for all the factors which have to be considered by the Purchasing Department when ordering materials. • Suppliers.- a reliable which is available when requires is very important‚ or if there is an alternative available. • Delivery time- the time taken from placing an order and receiving the materials is called the "lead time". Some firms operate a JIT ( Just
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usually involving a purchase (source: Financial Times Lexicon: http://lexicon.ft.com/decision-making-unit). In a business setting‚ major purchases typically require input from various parts of the organization‚ including finance‚ accounting‚ purchasing‚ information technology management‚ and senior management. Highly technical purchases‚ such as information systems or production equipment‚ also require the expertise of technical specialists. In some cases the buying center is an informal ad hoc
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University May 29 ‚2018 Case 1 Pay Decisions at Performance Sports Page 352 (Chapter 9 ) Questions: 1. What factors should Perkins and Balkin consider when setting the wage for the purchasing agent position? What resources are available for them to consult when establishing this wage? Ms Katie Perkins opened her own sports store‚ and there are a high level of interest in beginning golfers. The company grew and make profitable business‚
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