Vendor analysis:
A) Has the sole objective of getting the lowest possible price on a particular product or service from the supplier.
B) Does not take into account the behavioral needs of purchasing managers and others involved in the buying decision.
C) Is a formal rating of suppliers on all relevant areas of performance.
D) None of these alternatives about vendor analysis is correct.
Correct Answer:
Verified
Q149: Organizational buyers:
A) are producers' agents.
B) are problem
Q150: A requisition
A) is only used for nonroutine
Q151: Vendor analysis
A) emphasizes the emotional factors in
Q152: Purchasing managers
A) are, in general, not very
Q153: Organizational buyers:
A) rely on many sources of
Q155: Which of the following is NOT one
Q156: A typical purchasing manager:
A) buys strictly on
Q157: Vendor analysis is a(n)
A) analytic processing of
Q158: An office manager needs office supplies, so
Q159: Most purchasing managers:
A) reject "vendor analysis" as
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