The cost of handling a purchase order for operating supplies may be more than the cost of the purchase.

Answer the following statement true (T) or false (F)


True

Maintenance and small operating supplies are like convenience products. The item will be ordered because it is needed, but buyers won't spend much time on it. Important operating supplies, like coal and fuel oil, receive special treatment. Usually there are several sources for such commodity products and large volumes may be purchased at global exchanges on the Internet.

Business

You might also like to view...

Angela's company is trying to determine whether to enter a new market segment. How might her company use Porter's Model to make a decision?

What will be an ideal response?

Business

In a make or buy decision, the reliability of a potential supplier is

a. an irrelevant decision factor. b. relevant information if it can be quantified. c. an opportunity cost of continued production. d. a qualitative decision factor.

Business

Qualified retirement plans provide the same tax advantages as non-qualified plans, but they are preferred because they are generally much safer

Indicate whether the statement is true or false

Business

Companies are not authorized to monitor the electronic mail of an employee.

Answer the following statement true (T) or false (F)

Business