Online Access Free A10 Practice Test

Which of the following best defines the term 'price saving'?

• A.The amount by which a supplier's price increase request is reduced
• B.The amount by which the last price paid is reduced.
• C.The amount by which the cost of stock holding is reduced
• D.The amount by which a supplier's costs are reduced

Which of the following best describes 'Investors in People'?

• A.A scheme to give staff performance bonus
• B.A scheme to give purchasers a special reward
• C.An award given to a business indicating that ethical purchasing takes place.
• D.An award given to a business indicating best practice towards employees

Which one of the following performance indicators is best used to assess whether there are slow moving stock items in a store?

• A.Total number of items held
• B.Average number of deliveries received
• C.Total value of stock held
• D.Average number of stock issues over a period

Which of the following is an appropriate measure of customer service in a stores environment?

• A.Accuracy of stock checks
• B.Accuracy of stock positioning
• C.Accuracy of first time picks
• D.Accuracy of stock-turns

Which one of the following is the best example of a goal that will directly affect purchasing performance?

• A.Increase departmental productivity by 'z'% over the next three months.
• B.Increase marketing and advertising budgets this year
• C.Increase machine output by 'y'% by end May 2005
• D.Increase market-share by 'x'% by June 2007