What are the most important standards that a purchasing manager should maintain when working with vendors?
A) All payments should be made to vendors within fourteen days of receipt of the items
B) All dealings should be standardized, transparent, and ethical
C) All deals should be signed off on by the company's owner
D) Any special bonuses like free items should go to the company's owner
Correct Answer:
Verified
Q6: One of the primary objectives of the
Q7: Which of the following is not one
Q8: Legal and ethical issues are rarely relevant
Q9: The purchasing agent has only a minimal
Q10: Receiving and processing invoices electronically does what
Q12: Competent purchasing and effective cost control give
Q13: Communication between the chef and the purchaser
Q14: Saving $2,000 on purchases in an operation
Q15: A contract is a written and signed
Q16: The purchaser has a little role in
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