Stages in Buying Process MCQs Quiz Online PDF Download

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MCQs on Stages in Buying ProcessQuiz PDF Download

MCQ: Electronic markets in which prices fluctuate in every second are classified as

  1. spot markets
  2. exchange markets
  3. vertical markets
  4. both A and B

D

MCQ: Types of electronic procurement hubs are

  1. geographical hubs
  2. vertical hubs
  3. functional hubs
  4. both B and C

D

MCQ: Companies shift ordering responsibility to specific supplier?s in managing systems are classified as

  1. vendor managed inventory
  2. replenishment programs
  3. continuous programs
  4. inventory management

A

MCQ: Companies join together to gain more discounts on volume purchases are classified as

  1. barter alliances
  2. buying markets
  3. buying alliances
  4. private exchanges

C

MCQ: Markets in which participants directly exchange goods or services are classified as

  1. public markets
  2. barter markets
  3. buying markets
  4. private alliances

B