_____ Stems from the Instructions and Granting of Authority to the Purchasing

question 64

Multiple Choice

_____ stems from the instructions and granting of authority to the purchasing manager via the job description provided by the employer.

• A)Apparent authority
• B)Fiduciary responsibility
• C)Mutual assent
• D)Personal liability
• E)Actual authority

Identify the role of intangible factors, such as innovation and proximity to competitors, in location decisions.

Demonstrate an understanding of how globalization and government policies impact location decisions.

Assess the significance of labor productivity and its calculation in the context of location decisions.

Understand the use of Geographic Information Systems (GIS) and demographic data in location decisions.