103. Business cycle, price trends, National Economy are A. Micro Factors B. Macro Factors C. Controllable Factors D. All of these 104. Which is not a part of 5R's of buying? A. Right Quality B. Right Quantity C. Right Source D. None of the above 105. Buying of the annual requirements of an item during its season. A. Seasonal Buying B. Hand to mouth buying C. Scheduled Buying D. Tender Buying is concerned with the branch of economics relating the behavior of principals and their agents. A. Financial management B. Profit maximization C. Agency theory D. Social responsibility 106. 107. Corporate governance success includes three key groups. Which of the following represents these three groups? A. Suppliers, managers, and customers. B. Board of Directors, executive officers, and common shareholders. C. Suppliers, employees, and customers. D. Common shareholders, managers, and employees. 108. is the document generated at the design stage. also called part lists or building lists A. MRP (Material Requirement Planning) B. BOM (Bill of Materials) C. MPS (Master Production Schedule) D. None of these View answer 109. Purchasing responsibilities can be divided into Buying. Clerical and division. A. Packing B. Traffic C. Record D. Follow up