Purchasing and supply management has a major impact on product and service quality

It would be difficult for a company to maintain both a high profit margin and high turnover ratio without substantial:

a) leverage b) depreciable assets c) barriers to entry d) number of shares outstanding e) cash on the balance sheet

The degree to which employees believe that if they work toward a certain performance objective they will be able to achieve that objective is:

A. merit. B. instrumentality. C. valence. D. expectancy.