Purchasing or Procurement Process MCQs & Quiz Online PDF Book Download

Purchasing or procurement process multiple choice questions (MCQs), purchasing or procurement process quiz answers to learn online BBA courses for marketing management classes. Analyzing business markets MCQs, purchasing or procurement process quiz questions and answers for business administration degree online. Learn what is organizational buying, benefits of vertical coordination, purchasing or procurement process test prep for business analytics certifications.

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MCQs on Purchasing or Procurement Process PDF Book Download

MCQ: Business buyers seek benefits in economic, social and technical terms and in total classified as

  1. highest benefit package
  2. lowest benefit package
  3. medium benefit package
  4. initiating benefit package

A

MCQ: Difference between perceived costs and perceived benefits is classified as

  1. buyer's incentive
  2. seller's incentive
  3. corporate incentive
  4. competitor's incentive

A

MCQ: Business buyers convert all benefits and costs into

  1. corporate terms
  2. monetary terms
  3. approving terms
  4. influencing terms

B