Which one of the following statements correctly represents a benefit of centralized buying?

A) Local managers have more control over their business.
B) Purchases and production schedules are meshed more easily.
C) Customization to local preferences is simplified.
D) Increased buying power can result in significant savings in purchasing costs.

D

Business

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Perception, not reality, drives purchasing behavior

Indicate whether the statement is true or false

Business

The most common method of taste testing is paired comparison. A minimum of ________ responses is considered an adequate sample

A) 500 B) 1000 C) 2000 D) 4000

Business