Quiz: Purchasing and Working with Suppliers
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about quality systems, let's test your knowledge of purchasing and working with suppliers!
What is the main goal of purchasing in a business?
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Which of the following are benefits of building strong supplier relationships? (Select all that apply)
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The {{blank0}} of a supplier refers to their ability to deliver goods on time, while {{blank1}} refers to the standard of the materials or services provided.
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Match the items on the left with their correct pairs on the right
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A business buys 500 units of a product at £2 each. What is the total cost?
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What is a potential risk of relying on a single supplier?
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Match the items on the left with their correct pairs on the right
A {{blank0}} is a formal agreement between a business and a supplier, while a {{blank1}} outlines the specific terms of an order.
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Which of the following factors should a business consider when choosing a supplier? (Select all that apply)
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What does 'economies of scale' mean in relation to purchasing?
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