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POB 4.02 Vocabulary
Test Description: Vocab
Instructions: Answer all questions to get your test result.
1) To buy many goods and services for use by his/her own company
A
purchasing
B
industrial buyers
C
buisness use
D
purchasing order
2) The buying of goods and services for a business.
A
purchasing order
B
industrial buyers
C
purchasing
D
business use
3) People who purchase goods from manufacturers andother wholesalers to sell to retailers and businesses
A
purchasing
B
industrial buyers
C
business use
D
purchasing order
4) The form that a business fills out to order goods; may be the same as a purchase agreement or purchase contract.
A
purchasing
B
industrial buyers
C
business use
D
purchasing order
5) The form that a business fills out to order goods; may be the same as a purchase agreement or purchase contract.
A
purchasing process
B
retailers
C
purchasing specialist
D
resale
6) The person responsible for buying goods and services for a business, may also be called a Purchasing agent, Purchasing manager, procurement manager, or buyer
A
purchasing process
B
retailers
C
purchasing specialist
D
resale
7) When a business purchases items to sell to other businesses or consumers.
A
retailers
B
resale
C
industrial buyer
D
business use
8) People who purchase goods from wholesalers or manufacturers to resell to consumers
A
retailers
B
business use
C
transformation
D
resale
9) To change its shape or appearance.
A
purchasing
B
transformation
C
resale
D
business use
10) This type of buyer typically work for manufacturing companies and buy items for transformation purchase raw materials and components that will be converted into finished products through some type of production process.
A
wholesalers
B
purchasing specialist
C
purchasing order
D
business use
*select an answer for all questions
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