BCOR 360 Exam 2 Questions and COMPLETE SOLUTIONS

BCOR 360 Exam 2 What are the five activities of the SCOR model? ANSWER: plan, source, make, deliver, return Which of the following is a "right" in the less formal definitions of purchasing? ANSWER: Obtaining the right material; In the right quantity; At the right time; For delivery to the right place; All of the above During WWII, ________ increased the emphasis on purchasing. ANSWER: Materials Shortages Purchasing savings can have a huge impact on the firm's profit leverage. ANSWER: True During which era did outsourcing make purchasing strategic? ANSWER: Strategic Era The strategic sourcing matrix: ANSWER: Is used to segment purchases; Is widely used in practice; Considers the importance of the category and the complexity of the market to classify purchases; All of the above Leverage purchases: ANSWER: A buyer's dream; Your best opportunity to really save money; Only B and C