BUS 230 Week 8 Quiz

BUS 230 Week 8 Quiz | Assignment Help | Strayer University 

Quiz    Question 1

In the event the bidder does not make proper payment to its suppliers, the bond that protects the buyer against liens that might be granted to these suppliers, is called a:      

Question 2

Most direct costs are:

Question 3

Items for which prices are comparatively low, and the cost of price reduction efforts may exceed any price savings realized, are called:

Question 4

If the buyer wants to motivate the seller to manage total costs, the best type of contract is:                     

Question 5

Forward buying:      

Question 6

A fair price:              

Question 7

A cash discount allows:

Question 8

The prime function of an organized commodity exchange is to furnish an established marketplace where:           

Question 9

Identical prices received from various sources should:           

Question 10

The market approach to pricing:  

Question 11

When developing a negotiation strategy, the negotiator should assess the positions of strength of both (all) parties to:                                 

Question 12

In portfolio analysis, the goal when purchasing strategic goods or services is to:   

Question 13

Although associated with a number of factors, the learning curve normally is most closely identified with the analysis of:        

Question 14

Target pricing:         

Question 15

When estimating the costs of a manufacturing supplier:                      

Question 16

Activity based costing attempts to:

Question 17

Sources of sustainable competitive advantage include:                       

Question 18

An externally focused process of analyzing costs in terms of the overall value chain is called:              

Question 19

Target pricing may result in companywide cost reductions in:                                   

Question 20

In portfolio analysis, the goal when purchasing leverage items is: