Homework Answers
Option. A
Explanation: Expediting is related to purchasing in the project management environment. It may be caused by both buyer and seller.
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Expediting: Select one: O a. may be caused by the buyer or the supplier. O b....
Transaction cost theory is about the Select one: o a. Problems an organization and a supplier...
Transaction cost theory is about the Select one: o a. Problems an organization and a supplier or distributor encounter in managing their relationship. O b. Boundaries the organization draw around its activities. O c. Cost/value relationship the organization presents to its customers. O d. Business strategy for the firm. First mover disadvantages include: Select one: O a brand loyalty, preemption of scare assets, exploiting buyer switching costs. O b. research and development costs, under developed supply and distribution channels, immature...
Insourcing should be considered when: Select one: O a. assurance of supply is a problem, the supplier has developed a u...
Insourcing should be considered when: Select one: O a. assurance of supply is a problem, the supplier has developed a unique process to produce the product or service and there is an opportunity to reduce costs significantly. O b. there is an opportunity to reduce costs significantly O O O c. assurance of supply is a problem. d. the supplier has developed a unique process to produce the product or service. e. assurance of supply is a problem and there...
Effectively and efficiently applying technology to the supply management process will: Select one: O a. lower...
Effectively and efficiently applying technology to the supply management process will: Select one: O a. lower the total cost of doing business. O b. lead to damaged buyer-supplier relationships from impersonal communication. c. decrease operating performance because of the volume of available information. d. lead to increased clerical effort from additional data entry O e. inhibit negotiation planning because of time spent accessing and analyzing data.
If the buyer has a clear and unambiguous description or specification, and wants to find out which supplier can deliver...
If the buyer has a clear and unambiguous description or specification, and wants to find out which supplier can deliver the best value when and where needed, he or she will typically issue a: Select one: O a. request for bid (RFB). O b. request for information (RFI). O c. request for proposal (RFP). O d. request for price (RFP). e. request for quotation (RFQ).
When merchandise is shipped FOB (free on board) Destination: Select one: O A. The buyer pays...
When merchandise is shipped FOB (free on board) Destination: Select one: O A. The buyer pays for the shipment. O B. Title passes to buyer when merchandise is shipped. OC. Title passes to buyer when merchandise is delivered. O D. None of the above
The main function of the entrepreneur is to Select one: O a. create market demand. b....
The main function of the entrepreneur is to Select one: O a. create market demand. b. purchase capital C. make routine pricing decisions. d. innovato
Improving the efficiency and effectiveness of the process for small value orders can be achieved through: Select one: O...
Improving the efficiency and effectiveness of the process for small value orders can be achieved through: Select one: O a. vendor/supplier managed inventory systems. b. vendor/supplier managed inventory systems, the use of purchasing cards, and eliminating all small value orders completely. O c. vendor/supplier managed inventory systems and the use of purchasing cards. O d. the use of purchasing cards. O e. eliminating all small value orders completely.
What is the function of the 3' poly-A sequence in eukaryotic mRNA? Select one: O a....
What is the function of the 3' poly-A sequence in eukaryotic mRNA? Select one: O a. Intron splicing signal. O b. Initial attachment site for ribosomes. O c. Translation termination. O d. Protection from cytosolic enzymes. What is the function of the 5' cap in eukaryotic mRNA? Select one: O a. Polyadenylation of the 5' end of the mRNA. b. Intron splicing signal. O c. It must be on the mRNA in order for the mature mRNA to be exported...
A monopoly may exist because Select one: O a. of diseconomies of scale. O b. the...
A monopoly may exist because Select one: O a. of diseconomies of scale. O b. the firm is so large and is currently experiencing such vast diseconomies of scale that it can out-compete all newcomers. c. one firm has the exclusive ownership of a necessary resource. o d . government has refused to grant a public franchise. Next age MacBook Air DO FA 30: F1
Blanket purchase orders: Select one: O a. are difficult to prepare. O b. reduce costs by...
Blanket purchase orders: Select one: O a. are difficult to prepare. O b. reduce costs by decreasing the number of purchase orders issued, cover multiple purchase requirements on one order, and are difficult to prepare. O c. reduce costs by decreasing the number of purchase orders issued and cover multiple purchase requirements on one order. O d. reduce costs by decreasing the number of purchase orders issued. O e. cover multiple purchase requirements on one order.
Transaction cost theory is about the Select one: o a. Problems an organization and a supplier or distributor encounter in managing their relationship. O b. Boundaries the organization draw around its activities. O c. Cost/value relationship the organization presents to its customers. O d. Business strategy for the firm. First mover disadvantages include: Select one: O a brand loyalty, preemption of scare assets, exploiting buyer switching costs. O b. research and development costs, under developed supply and distribution channels, immature...
Insourcing should be considered when: Select one: O a. assurance of supply is a problem, the supplier has developed a unique process to produce the product or service and there is an opportunity to reduce costs significantly. O b. there is an opportunity to reduce costs significantly O O O c. assurance of supply is a problem. d. the supplier has developed a unique process to produce the product or service. e. assurance of supply is a problem and there...
Effectively and efficiently applying technology to the supply management process will: Select one: O a. lower the total cost of doing business. O b. lead to damaged buyer-supplier relationships from impersonal communication. c. decrease operating performance because of the volume of available information. d. lead to increased clerical effort from additional data entry O e. inhibit negotiation planning because of time spent accessing and analyzing data.
If the buyer has a clear and unambiguous description or specification, and wants to find out which supplier can deliver the best value when and where needed, he or she will typically issue a: Select one: O a. request for bid (RFB). O b. request for information (RFI). O c. request for proposal (RFP). O d. request for price (RFP). e. request for quotation (RFQ).
When merchandise is shipped FOB (free on board) Destination: Select one: O A. The buyer pays for the shipment. O B. Title passes to buyer when merchandise is shipped. OC. Title passes to buyer when merchandise is delivered. O D. None of the above
The main function of the entrepreneur is to Select one: O a. create market demand. b. purchase capital C. make routine pricing decisions. d. innovato
Improving the efficiency and effectiveness of the process for small value orders can be achieved through: Select one: O a. vendor/supplier managed inventory systems. b. vendor/supplier managed inventory systems, the use of purchasing cards, and eliminating all small value orders completely. O c. vendor/supplier managed inventory systems and the use of purchasing cards. O d. the use of purchasing cards. O e. eliminating all small value orders completely.
What is the function of the 3' poly-A sequence in eukaryotic mRNA? Select one: O a. Intron splicing signal. O b. Initial attachment site for ribosomes. O c. Translation termination. O d. Protection from cytosolic enzymes. What is the function of the 5' cap in eukaryotic mRNA? Select one: O a. Polyadenylation of the 5' end of the mRNA. b. Intron splicing signal. O c. It must be on the mRNA in order for the mature mRNA to be exported...
A monopoly may exist because Select one: O a. of diseconomies of scale. O b. the firm is so large and is currently experiencing such vast diseconomies of scale that it can out-compete all newcomers. c. one firm has the exclusive ownership of a necessary resource. o d . government has refused to grant a public franchise. Next age MacBook Air DO FA 30: F1
Blanket purchase orders: Select one: O a. are difficult to prepare. O b. reduce costs by decreasing the number of purchase orders issued, cover multiple purchase requirements on one order, and are difficult to prepare. O c. reduce costs by decreasing the number of purchase orders issued and cover multiple purchase requirements on one order. O d. reduce costs by decreasing the number of purchase orders issued. O e. cover multiple purchase requirements on one order.
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