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Unit 8 quiz

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15 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    What is tendering about ?

    Sending in a purchase order for goods and services.

    Companies sending out marketing and

    The process of inviting companies to make an offer, bid or proposal to carry out works.

  • 2. Multiple Choice
    30 seconds
    1 pt

    You have discovered that the budget allocated will not be enough to purchase all of these items to the quantities that are required. What will you do?

    Recommend an increase in the budget based on the best quality and most economical and effective choices you have identified

    Recommend increase the items

    Ask companies to reduce the prices of their products and the guarantee cost to accommodate your budget.

    Recommend that only half of the items be bought now and the rest bought later on

  • 3. Multiple Choice
    30 seconds
    1 pt

    Which of the following is not a business resource ?

    a) Natural resources

    b) Human Resources

    c) Financial Resources

    d) Saving Account

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