QUESTIONS WITH SOLUTIONS GRADED A+
●● you are in charge of buying a new make and model of work
computers for the entire company HQ. you know it will be expensive,
but have many options to choose from so you can make computer
manufacturers bid against each other. Why type of commodity are the
computers?.
Answer: leverage commodity
●● sourcing is the inputs (or things we buy), including materials, sub-
assembled components, equipment, and services, that are required to
create value (t/f).
Answer: false
●● what is not an area in which successful supply managers need
expertise?.
Answer: customers
●● when purchasing and supply management works well within an
organization, the company acquires the best resources from around the
world, which allows it to compete on cost, quality, and innovation (t/f).
Answer: true
, ●● what is the most important right of purchasing?.
Answer: the right supplier
●● one of the most challenging aspects of purchasing is to ensure an
uninterrupted flow of supply. what might interrupt that flow?.
Answer: - natural disasters
- supplier quality issues
- logistics interruptions
- financial issues
●● a dollar saved in material costs goes directly to an increase in
revenue for the organization (t/f).
Answer: false
●● purchasing has become a strategic contributor to organizational value
by contributing to both the top and bottom line of the business (t/f).
Answer: true
●● the choice of suppliers is important to ensure an uninterrupted flow
of supply and avoid some of the problems inherent in complex supply
chains (t/f).
Answer: true