Which of the Following Is Not One of the Usual

question 3

Multiple Choice

Which of the following is not one of the usual roles of an international purchasing office?

• A) Identify potential suppliers.
• B) Solicit quotes or proposals.
• C) Obtain product samples.
• D) Manage countertrade requirements.
• E) Conduct sales and marketing-related activities.

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Definitions:

Good

A material item that can be touched, used, or consumed, which is produced to fulfill wants or needs.

Service

A type of economic activity that is intangible, is not stored, and does not result in ownership; services are produced and consumed at the same time.

Exchange

The act of giving one thing and receiving another in return, often referring to the trade of goods, services, or financial instruments.

Functions Of Money

The core roles money plays in an economy, including serving as a medium of exchange, a unit of account, a store of value, and sometimes, a standard of deferred payment.