An advantage of buying by performance or function over other specification methods is that it provides:
A) evidence that the buyer has given thought and careful study to the need and the ways in which it may be satisfied.
B) the opportunity for the potential supplier to establish how to make the most suitable product.
C) the potential for equitable competition by ensuring that the suppliers are quoting for exactly the same material or service.
D) a standard for measuring and checking materials as supplied.
E) an opportunity to purchase identical requirements from a number of different sources of supply.
Correct Answer:
Verified
Q2: Supply's growing involvement in the acquisition of
Q3: Capital items can be depreciated, are often
Q4: Early supply involvement can be accomplished by:
A)
Q5: MRO stands for Maintenance, Resale, and Operating
Q6: New technology frequently permits an organization to
Q8: Description by brand:
A) may be a preference
Q9: Quality as a term covers both functionality:
Q10: Capital assets are long-term assets that:
A) are
Q12: When a specification is widely known, commonly
Q29: For nonrepetitive requirements,a system or process of
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