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MCQ 21: The supplier-buyer relationships are categorized into:

  1. Four categories
  2. Five categories
  3. Seven categories
  4. Eight categories

MCQ 22: The industries such as agriculture, fisheries, construction and transportation, together up the:

  1. organization market
  2. large markets
  3. large buying
  4. business market

MCQ 23: The companies shift the ordering responsibility to the specific supplier's in managing systems are classified as:

  1. vendor managed inventory
  2. replenishment programs
  3. continuous programs
  4. inventory management

MCQ 24: The people having authority to prevent information to reach the deciders and approvers are classified as:

  1. approvers
  2. gatekeepers
  3. evaluators
  4. initiators

MCQ 25: The companies join together to gain more discounts on volume purchases are classified as:

  1. barter alliances
  2. buying markets
  3. buying alliances
  4. private exchanges

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