Punjab Agricultural University 2007 Lesson 3 - Finding Potential Suppliers - Question Paper

Lesson three Quiz



1. Which of the subsequent resources would be a good option for finding a new overseas supplier?

a.) yellow pages
b.) Internet
c.) your chamber of commerce
d.) internal list


2. The difference ranging from a preferred and a single source supplier is:

a.) a preferred supplier is the only supplier available while a single source supplier is a supplier you do business with exclusively despite the availability of other suppliers
b.) a preferred supplier is in your purchasing system while a single source supplier is not
c.) there is no difference
d.) having a preferred supplier does not preclude the organization from doing business with other suppliers, whereas having a single source supplier relationship does


3. The difference ranging from a sole source and a single source supplier is:

a.) a sole source supplier is the only supplier available while a single source supplier is a supplier you do business with exclusively despite the availability of other suppliers
b.) a sole source supplier is in your purchasing system while a single source supplier is not
c.) there is no difference
d.) having a sole source supplier does not preclude the organization from doing business with other suppliers, whereas having a single source supplier relationship does


4. Which of the subsequent is a benefit of doing business with a distributor rather than a manufacturer?

a.) ability to combine requirements from several manufacturers into a single order
b.) guaranteed lower pricing
c.) slower delivery
d.) ability to buy in bulk


5. Which of the subsequent may lead you to reconsider doing business with an existing supplier?

a.) a good relationship
b.) a pending labor stoppage
c.) the supplier offered a price reduce
d.) the supplier's consistently good quality record

Earning:   Approval pending.