Prospective suppliers Study guides, Class notes & Summaries

Test Bank for Marketing, 20th Edition, William M. Pride, O. C. Ferrell   True / False 1. Marketing consists primarily of selling and advertising. a. True b. False ANSWER: False 2. The broadest and simplest definition of marketing states that it is the development and efficient distribution of products for consumer segments. a. True b. False ANSWER: False 3. Customers are the focal point of all marketing activities. a. True b. False ANSWER: Tru...

WGU Sales Management D099 Pre-Assessment Questions With Complete Solutions. A retailer is advertising its new product line and has designed a campaign that includes social media advertising, print promotional pieces, online promotions, and a special product launch event. Which concept is the retailer using to promote its new product line? Relationship selling Integrated marketing communications Buyer journey Marketing research Integrated marketing communications A salesperson wants to g...

LAW OF CONTRACT NOTES: Contract as an agreement intended to create enforceable obligations A contract is an agreement between two or more parties. The extra ingredient that distinguishes contracts from non-binding agreements is a serious intention to create legally enforceable obligations (animus contrahendi). The absence of an animus contrahendi explains why ‘gentlemen’s agreements’ are not enforceable as contracts. Legally binding agreements that are not contracts: The ...

prospective suppliers - Answer- limited to sourcing and qualification activities spend authorized suppliers - Answer- limited to purchase orders and agreements which two approval tasks can be performed by using Manage Approval Rules user interface? - Answer- purchasing document approval and supplier registration approval identify the source from which the PO defaults the Bill-to location - Answer- from the 'Supplier site assignment' first and if it is 'Null' then from 'Common Payab...

CPQA - ANSWER-certified professional in quality assurance When did CPHQ begin to advance the profession of quality and when was the first certification administered? - ANSWER-1976; Sept 8 1984 Board of Director's Quality Role - ANSWER-1. set policy 2. financial and strategic direction 3. quality of care 4. goals and objectives 5. establish quality priorities Leadership - ANSWER-ability to influence an individual or group toward achievement of a goal and includes determining the ...

CPSM Diagnostic Exam Questions With 100% Correct Answers Latest Update 2024/2025 (Graded A+) Which of the following should have the MOST influence in determining end product specifications, so as to minimize the potential for returns? (A) Marketing (B) Supply management (C) Engineering (D) Manufacturing - Answer (A) Marketing When developing specifications, a buyer may consider information from which of the following? I. Suppliers II. Industry Standards III. Professional Organizations ...

ETS MFT BUSINESS EXAM The principal difference between variable costing and absorption costing centers on: a) whether variable manufacturing costs should be included as product costs b) whether fixed manufacturing costs should be included as product costs c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs d) none of these. General Bikes is debating which marketing research options to employ. The traditional p...

CPSM Diagnostic Practice Exam Questions With 100% Correct Answers Latest Update 2024/2025 Graded A. A supply manager issues a request to proposal for engineering services. In order to provide clarification on the specification on the specifications, the company holds a question-and-answer session for interested suppliers. Shortly after the question-andanswer session is held and before any proposals are actually received, the firm's engineering department revises the specifications. Given thi...

An organization plans to close its local factory and shift manufacturing operations overseas. This brings opposition from employees. Which terms describes this organizational move? Legal-ethical Legal-unethical Illegal-Ethical Illegal-unethical - ANS Legal-ethical (When the law and personal or organizational ethics are in accordance with each other) Individual authors wrote books about the negative environmental impacts of some industries, including the coal industry. Which benefit did th...

MGT 103 Midterm DeMill | Questions and Correct Solutions 2024 Marketing Seeks to: 1. Discover consumer needs through research 2. Satisfy them with a marketing program by having the right combination of product, price, promotion, place Requirements for marketing to occur Two+ parties with unsatisfied needs A desire and ability to be satisfied A way for the parties to communicate and make purchase Something to exchange Relationship marketing Developing and maintaining effective custome...

CPSM Diagnostic Practice Exam Questions With 100% Correct Answers Latest Update 2024/2025 Graded A+. Which of the following should have the MOST influence in determining end product specifications, so as to minimize the potential for returns? (A) Marketing (B) Supply management (C) Engineering (D) Manufacturing - Answer (A) Marketing When developing specifications, a buyer may consider information from which of the following? I. Suppliers II. Industry Standards III. Professional Organi...