Sourcing and procurement MCQs Food science December 27, 2025August 5, 2024 by u930973931_answers 20 min Score: 0 Attempted: 0/20 Subscribe 1. What is the primary goal of sourcing in the food industry? (A) To ensure consistent product quality (B) To reduce the cost of production (C) To increase marketing reach (D) To enhance employee satisfaction 2. Which document is essential for formalizing the terms of a food procurement contract? (A) Purchase Order (B) Invoice (C) Delivery Note (D) Quality Assurance Report 3. Which of the following is a key factor in supplier evaluation? (A) Supplier location (B) Supplier size (C) Supplier reputation (D) Supplierās marketing strategy 4. What does the term ālead timeā refer to in procurement? (A) The time taken to pay the supplier (B) The time between ordering and receiving the goods (C) The time taken to process a payment (D) The time taken to evaluate suppliers 5. Which procurement strategy involves buying large quantities to reduce unit cost? (A) Just-in-Time (JIT) (B) Single Sourcing (C) Bulk Buying (D) Contract Purchasing 6. What is the main purpose of a Request for Proposal (RFP)? (A) To solicit bids from multiple suppliers (B) To request a product sample (C) To finalize the purchase order (D) To review supplier performance 7. Which term refers to the practice of buying from a single supplier to build a strong relationship? (A) Competitive Bidding (B) Multiple Sourcing (C) Sole Sourcing (D) Tendering 8. What is āprocurement risk managementā? (A) The process of negotiating prices (B) The process of tracking deliveries (C) The selection of suppliers (D) The identification and mitigation of risks in the procurement process 9. Which factor is least likely to affect supplier selection? (A) Supplierās color scheme (B) Delivery schedule (C) Supplierās location (D) Price 10. What is the purpose of a āsupplier auditā? (A) To verify the supplierās compliance with contractual and regulatory requirements (B) To assess the financial stability of the supplier (C) To negotiate better prices (D) To review delivery times 11. Which document outlines the specifications and standards for the products to be procured? (A) Purchase Order (B) Quality Assurance Plan (C) Product Specification Sheet (D) Request for Quotation (RFQ) 12. What does ājust-in-timeā (JIT) procurement aim to minimize? (A) Order processing time (B) Supplier lead time (C) Quality control costs (D) Inventory levels 13. Which term describes the practice of evaluating and selecting suppliers based on multiple criteria? (A) Supplier Development (B) Supplier Diversity (C) Strategic Sourcing (D) Supplier Rationalization 14. What is a ācontractual agreementā in procurement? (A) A verbal agreement between parties (B) A delivery schedule (C) A sample product provided by the supplier (D) A formal document outlining terms and conditions of procurement 15. What is the main advantage of using an electronic procurement system? (A) Increased paperwork (B) Higher operational costs (C) Improved accuracy and efficiency in the procurement process (D) Limited supplier options 16. Which of the following is a common procurement strategy for high-value items? (A) Standard Ordering (B) Competitive Bidding (C) Spot Purchasing (D) Emergency Purchasing 17. What is the role of a procurement manager? (A) To manage inventory levels (B) To oversee the procurement process and ensure supplier compliance (C) To handle customer service issues (D) To develop marketing strategies 18. Which of the following best describes āethical sourcingā? (A) Sourcing based on the lowest price (B) Sourcing from local suppliers only (C) Sourcing from suppliers who meet ethical and environmental standards (D) Sourcing from suppliers with the longest delivery times 19. What is the significance of a āsupplier performance reviewā? (A) To increase the number of suppliers (B) To assess and improve the supplierās performance based on predefined criteria (C) To reduce procurement costs (D) To negotiate contract terms 20. Which document details the terms under which a supplier will deliver goods or services? (A) Supplier Agreement (B) Purchase Order (C) Request for Proposal (RFP) (D) Sales Invoice