Topic 1. kn 5 - 7 Please let me know correct answer and explain it ! What is Purchasing and Supply Management Charpter ! 5.Why is the most important

Topic 1. kn 5 - 7

Please let me know correct answer and explain it !

What is Purchasing and Supply Management  Charpter !

5.Why is the most important purchasing right picking the right supplier?

          a. Customers will judge you for choosing poorly

• b. The right supplier will always have the lowest possible price
• c. The choice of supplier affects all the other rights
• d. The right supplier is the one with closest ties to your CEO
• e. The right supplier is the only one with whom it is possible to do business

6.In looking at Figures 1-6 and 1-7, when purchasing reduces COGS, gross profit goes up. What else happens?

          a. Taxes go down

• b. Taxes go up
• c. S&A goes up
• d. Fixed assets go down
• e. Nothing else happens

7.Which conflict first brought a significant change in how purchasing was perceived?

          a. WWI

• b. WWII
• c. The Crimean War
• d. Gulf War 1
• e. The War of the Roses