Question detail

RiverRun Catering serves price-sensitive customers while using retained profit; the case evidence includes break-even output of ?2,277, sales of 537 units, and a 40% change in costs or demand. Which option best applies Analyse factors affecting supplier choice, including price, quality and reliability?

Try the question, check the answer, then read the explanation to understand the curriculum point.

Show answer Topic hub Objective page

At a glance

MCQ

Type

practice

Style

Topic

The role of procurement

Question

A. Use price, reliability, supplier, quality to judge customer retention, suppliers 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 efficiency and productivity as identical and ignore the effect on suppliers.
D. Choose the largest sales figure without checking costs, finance, or context.

Answer

The correct option is: Use price, reliability, supplier, quality to judge customer retention, suppliers impact, and the business objective in Suppliers, logistics and supply chains.

Explanation

This is the best-supported choice because Use price, reliability, supplier, quality to judge customer retention, suppliers impact, and the business objective in Suppliers, logistics and supply chains. The case evidence gives ?3,777, 537 units, and 40%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse efficiency and productivity, miss the suppliers, 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..

Related flashcards

Flashcard 1 of 5

Press Space to flip, arrows to move

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?