2-11 Purchasing Quizizz

Informal requests for items

Detailed descriptions of all the characteristics needed to fill a purchase need

A list of items needed for storage

A summary of purchase history

Informal notes for items

Formal requests for items to be ordered or used from storage

A list of items to be discarded

A summary of inventory

A type of product

A legal business relationship in which an independent owner buys the right to use a company’s name, products, and logo

A type of marketing strategy

A form of employee training

To create marketing plans

To provide detailed descriptions needed to fill a purchase need

To summarize financial reports

To list employee duties

It is owned by a single individual

It involves buying the right to use a company’s name, products, and logo

It is a non-profit organization

It operates without a brand name

A local bakery

McDonald's

A neighborhood bookstore

A private clinic

A legally binding written document

The price retailers pay for the convenience of selecting the time of delivery

Notice of a price that a supplier gives to a buyer during the purchasing process

The cost of choosing a quick but expensive form of transport

The price savings created when a buyer purchases bulk quantities of food

Value of additional convenience services that a vendor provides to its customers

The cost of choosing a quick but expensive form of transport

Economic relationship in which a decrease in supply results in an increase in price

It helps in reducing employee turnover

It balances how much food a kitchen produces with quality standards

It increases the number of menu items

It decreases the need for inventory management

Perishable products

Nonperishable products

Reorder point

Receiving