If the requested item is complex or requires an untested or new production process, purchasing can include additional information or attachments on its RFQ to assist the supplier, which might include detailed blueprints, samples, or technical drawings
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following are intermediaries that receive fees for facilitating transactions in markets such as real estate, food, and used equipment in which there are a lot of small buyers and sellers?
A) manufacturers' agents B) selling agents C) commission merchants D) merchandise brokers E) sale mediators
Private international business contracts include a(n) ________ clause so that the parties know which family of law is to be applied in case of a dispute and what nation's courts will be used
A) choice-of-forum B) supremacy C) ouster D) foreign commerce
Which of the following products will most likely use the shortest distribution channel?
A. Cereal B. DVDs C. Fresh strawberries D. Toy cars E. Chewing gum
Charging a lower price for a competing product may actually hinder sales of that product.
Answer the following statement true (T) or false (F)