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C.P.M. Module 2: Supply Environment
https://killexams.com/pass4sure/exam-detail/630-006
Which of the following should a buyer use when conducting price analysis? (Choose all that apply)
An analysis of competitive proposals
Comparisons with published prices
Comparisons with historical prices
Internal cost estimates
With which of the following departments within its own organization should purchasing work MOST closely when performing supplier capability evaluations and site visits?
Quality control
Engineering
Manufacturing
Finance
When (if ever) does a purchaser have the right to resell nonconforming goods and deduct reasonable sales costs from proceeds? (Choose all that apply)
If the purchaser has paid for the goods and owns them
If the purchaser has rejected the goods, and the supplier has not responded in a reasonable time
If the purchaser has accepted the goods and then found them in nonconformance
Never.
Which of the following is NOT a technique for increasing minority business participation?
negotiation
expediting supplier payment
establishing reasonable specifications
cooperative purchasing
Which of the following is the PRIMARY purpose of a trade association?
To advance the cause of the profession
To continually search for best practices in the industry
To lobby for the interests of the industries represented
To provide educational and research benefits to members
What is the MOST important thing a purchasing manager should do when meeting with
outside organizations?
Make sure that all presentations are given in a professional manner
Avoid any impression of impropriety
Know as much about the audience as possible
Take meeting notes and reviewing them with the legal department
With which of the following does responsibility for resolving the cost aspects of a defective purchased product usually lie?
The manufacturing manager.
The financial manager.
The purchasing manager.
The accounting manager.
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