Assignment:
1. Supplier-buyer relationships are categorized into
A. Four categories
B. Five categories
C. Seven categories
D .Eight categories
2. Industries such as agriculture, fisheries, construction and transportation, together up the
A. organization market
B. large markets
C. large buying
D. business market
3. Companies shift ordering responsibility to specific suppliers in managing systems are classified as
A. vendor managed inventory
B. replenishment programs
C. continuous programs
D. inventory management
4. People having authority to prevent information to reach deciders and approvers are classified as
A. approvers
B. gatekeepers
C. evaluators
D. initiators
5. Companies join together to gain more discounts on volume purchases are classified as
A. barter alliances
B. buying markets
C. buying alliances
D. private exchanges