Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Question
Chapter 9, Problem 8P
Summary Introduction
Interpretation: Name of the type of authority in purchasing process is to be determined when someone acts with authority that they don’t have.
Concept Introduction: Purchasing process is a process which starts with demand of a good or service. Its aim is to get the good or service at the lowest cost with standard quality.
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Students have asked these similar questions
Suppose you sign a contract with a supplier for $50,000 worth of tablet computers. You tell the supplier that you are only authorized to sign contracts for $40,000 without approval from the supply manager of your company, but the supplier agrees anyway. A few days later, because of budget cutbacks you find out that you only need $30,000 worth of tablet computers. How many dollars of tablet computers are you legally bound to purchase from the supplier?
A salesperson starts calling up and inviting customers walking in the Mall to get inside his/her boutique and offer them smashing prices in certain commodities, however customers find out later after buying those commodities that they are expired and didn’t achieve its purpose. The negotiation process here is identified as ……………………
A- Win Win
B- Win Lose
C- Lose Win
D- Lose Lose
Is it true or false that a purchase order is legally binding once if is officially issued by the buyer to the supplier
Chapter 9 Solutions
Practical Operations Management
Ch. 9 - Prob. 1DQCh. 9 - Prob. 2DQCh. 9 - Prob. 3DQCh. 9 - Prob. 4DQCh. 9 - Prob. 1PCh. 9 - Prob. 2PCh. 9 - Prob. 3PCh. 9 - Prob. 4PCh. 9 - Prob. 5PCh. 9 - Prob. 6P
Ch. 9 - Prob. 7PCh. 9 - Prob. 8PCh. 9 - Prob. 9PCh. 9 - Prob. 10PCh. 9 - Prob. 11PCh. 9 - Prob. 12PCh. 9 - Prob. 13PCh. 9 - Prob. 14PCh. 9 - Prob. 15PCh. 9 - Prob. 16PCh. 9 - Prob. 17PCh. 9 - Prob. 18PCh. 9 - Prob. 19PCh. 9 - Prob. 20PCh. 9 - Prob. 21PCh. 9 - Prob. 22PCh. 9 - Prob. 23PCh. 9 - Prob. 24PCh. 9 - Prob. 1.1QCh. 9 - Prob. 1.2QCh. 9 - Prob. 1.3QCh. 9 - Prob. 2.1QCh. 9 - Prob. 2.2QCh. 9 - Prob. 2.3QCh. 9 - Prob. 2.4QCh. 9 - Prob. 2.5QCh. 9 - Prob. 3.1QCh. 9 - Prob. 3.2QCh. 9 - Prob. 3.3Q
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Similar questions
- If a supplier has a weak area, under what conditions would supplierdevelopment be appropriate?arrow_forwardDo companies have an obligation to the employees of their suppliers? Why or why not.arrow_forwardAccording to contract law, when you go to a department store and purchase an item, what have you done? What if you purchase the item at a garage sale? What if you purchase the item an auction?arrow_forward
- The process of negotiation between buyer and supplier inevitably raises some ethical tensions, given that the situation is often characterized as one of the two combatants coming together to do battle. Explain any five popular negotiating tactics, all of which can be challenged on ethical grounds.arrow_forwardProcurement- Which of the following is not a type of product defect: A. Manufacturing B. Design C. Marketing D. Pricingarrow_forwardWhy is it important to include a policy that outlines the origin and scope of purchasing authority?arrow_forward
- Have you thought about a career in purchasing? All firms that carry inventory have purchasing departments that work with people inside their own company and suppliers to keep the right products on the shelves. See what you can find out about this career on the Web. You may wish to search for the American Purchasing Societyarrow_forwardProcurement- Which of the following is not a risk of taking legal action against a supplier? A. Loss of supplier B. Embarrassing C. Time-consuming D. Expensivearrow_forward
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