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 128 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
Great answer, keep it coming :)

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
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
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
Anterosuperior view of true pelvis (blue) Anterosuperior view of true pelvis (blue)
Video: Second Messengers in the Inositol-lipid Signaling Pathway

For a complete list of videos, visit our video library