Jif is the best-selling brand of peanut butter in the country. The manufacturer purchases large quantities of peanuts every year to manufacturer its product. This order size is an example of _____ and would give Jif an advantage over other buyers of peanuts.
A. purchase volume
B. joint demand
C. fluctuating demand
D. sales volume
E. multiplier effect
Answer: A
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According to the context diagram for the purchasing process, when a purchase order is sent to the vendor, the vendor responds by sending the goods along with a(n) ______________________________
Fill in the blank(s) with correct word
Acmell Lawnmowers Inc. sells its mowers to retailers at different prices depending on whether they are independent stores or members of a national chain. In this scenario, the companyindulges in _____
a. penetration pricing b. price skimming c. price discrimination d. predatory pricing
Organizational buyers often buy on the basis of a set of purchasing specifications.
Answer the following statement true (T) or false (F)
For which one of the following situations will the dividend-growth models work especially well?
A) mature firm with a policy of increasing its earnings and dividends at an average rate of 5% per year B) a company with highly variable earnings and a policy of maintaining a constant 50% payout ratio C) a company that intends to pay out all of its earnings as dividends D) a company that is widely viewed as an attractive takeover target