Which of the following will help a purchasing officer select potential sources of supply?
A) advertising B) trade journals
C) purchasing department's own records D) all of the above
D
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Explain why a strong organizational culture is not always a good thing.
What will be an ideal response?
A company’s suppliers should be reevaluated _________.
What will be an ideal response?
Because the firm deals with confidential information, all employees must be ____
A) discreet B) discrete
Karl agreed to sell his boat to Jeff on July 5 for $10,000 and Jeff paid Karl a $1,000 down payment. They arranged to meet at the marina on July 12 to transfer the boat
When they arrived at the marina on July 12 they were shocked to see the boat had been totally destroyed by a huge storm that had swept through the area on July 10. As a result A) there is a major breach of contract and Jeff can sue for any extra costs he incurs when he buys a replacement boat B) the contract is void due to innocent misrepresentation C) the contract is frustrated and Karl must repay the $1,000 to Jeff D) the contract is breached but Karl can keep the $1,000 E) the contract is void as it is unconscionable