POB 4.02 Vocabulary Question Preview (ID: 49722)


Vocab. TEACHERS: click here for quick copy question ID numbers.

To buy many goods and services for use by his/her own company
a) buisness use
b) purchasing
c) industrial buyers
d) purchasing order

The buying of goods and services for a business.
a) business use
b) purchasing
c) industrial buyers
d) purchasing order

People who purchase goods from manufacturers andother wholesalers to sell to retailers and businesses
a) business use
b) purchasing
c) industrial buyers
d) purchasing order

The form that a business fills out to order goods; may be the same as a purchase agreement or purchase contract.
a) purchasing
b) business use
c) industrial buyers
d) purchasing order

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) purchasing specialist
c) resale
d) retailers

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) purchasing specialist
c) resale
d) retailers

When a business purchases items to sell to other businesses or consumers.
a) business use
b) industrial buyer
c) resale
d) retailers

People who purchase goods from wholesalers or manufacturers to resell to consumers
a) resale
b) business use
c) retailers
d) transformation

To change its shape or appearance.
a) transformation
b) resale
c) business use
d) purchasing

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) business use
c) purchasing order
d) purchasing specialist

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