This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which one of the following statements about purchasing is true? (Read 98 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
on: Dec 3, 2019

Question 1

One dollar saved in purchasing is
◦ only worthwhile if you are in the 50% tax bracket and still have a low profit margin.
◦ equivalent to a dollar earned in sales revenue.
◦ worth from 35% in the technical instrument industry to 70% in the food products industry.
◦ worth even more than a dollar earned in sales revenue.
◦ worth slightly more than a dollar earned because of taxes.

Question 2

Which one of the following statements about purchasing is true?
◦ The cost of purchases as a percent of sales is often small.
◦ Purchasing provides a major opportunity for price increases.
◦ Purchasing has an impact on the quality of the goods and services sold.
◦ Competitive bidding is a major factor in long-term cost reductions.
◦ Purchasing is always more efficient than making an item.
Operations Management (Canadian Edition) ¦ Heizer, Render, Griffin ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Medesa on Dec 3, 2019

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


Medesa

  • Member
  • Posts: 507
Reply 2 on: Dec 3, 2019
:D TYSM

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

True-color image of layers of haze in Titan's atmosphere. True-color image of layers of haze in Titan's atmosphere.
True Forget-Me-Not True Forget-Me-Not
Which of the following statements is true of linkage? Which of the following statements is true of linkage?
Ratings of Perceived Contradictions in Political Statements Ratings of Perceived Contradictions in Political Statements
How to convert verbal statements into algebraic equations (Part 1) How to convert verbal statements into algebraic equations (Part 1)
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
Video: Congenital Heart Defects Animation

For a complete list of videos, visit our video library