Question detail

PeakPods serves local families while changing supplier; the case evidence includes gross profit margin of ?8,715, sales of 985 units, and a 8% change in costs or demand. Which option best applies Analyse factors affecting supplier choice, including price, quality and reliability?

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At a glance

MCQ

Type

practice

Style

Topic

The role of procurement

Question

A. Use price, reliability, supplier, quality to judge gross profit margin, employees impact, and the business objective in Suppliers, logistics and supply chains.
B. Give only a definition of The role of procurement without using the case evidence.
C. Treat internal and external finance as identical and ignore the effect on employees.
D. Choose the largest sales figure without checking costs, finance, or context.

Answer

The correct option is: Use price, reliability, supplier, quality to judge gross profit margin, employees impact, and the business objective in Suppliers, logistics and supply chains.

Explanation

The answer is commercially strongest because Use price, reliability, supplier, quality to judge gross profit margin, employees impact, and the business objective in Suppliers, logistics and supply chains. The case evidence gives ?10,215, 985 units, and 8%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse internal and external finance, miss the employees, or ignore the business objective.

Common mistake

Suppliers, logistics and supply chains common mistake 1

Giving a vague answer instead of directly addressing: Analyse factors affecting supplier choice, including price, quality and reliability..

Answer by clearly explaining how to analyse factors affecting supplier choice, including price, quality and reliability..

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PeakPods serves health-conscious consumers while cutting delivery times; the case evidence includes cash inflow of ?6,604, sales of 234 units, and a 21% change in costs or demand. Which option best applies Analyse factors affecting supplier choice, including price, quality and reliability?