Common Learning Block 3 Practice Questions

Question 1

Purchase requisitions define items that need to be purchased and are initiated by:

Answer 1

Demand planning

Question 2

Purchase orders are placed with suppliers by:

Answer 2

Procurement

Question 3

The time it takes for a supplier to deliver an item after the purchase order is placed is known as:

Answer 3

Lead time

Question 4

To ensure items are delivered on schedule, procurement must:

Answer 4

Hope for the best

Question 5

One example of a challenge in dealing with international suppliers is:

Answer 5

Different times zones and cultures