Which of the following is an objective of purchasing?
I. Obtain goods and services of the required specification and quality.
II. Obtain goods and services at the lowest cost.
III. Be sure the best possible service and delivery are provided by the supplier.
A) I only
B) II only
C) III only
D) IV only
E) All are objectives of purchasing.
E
Business
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In real property, the major loss of value comes from:
a. deterioration. b. old age. c. obsolescence. d. lack of maintenance.
Business
Upon discovering a latent defect in a property, the Broker Alice should discuss the problem with seller Juan and then
A) tell him that the defect must be repaired. B) arrange for the repairs herself. C) inform any prospective buyers of the defect. D) contact the city building inspector about the defect.
Business