In setting price standards, the purchasing manager must consider
A)freight.
B)quality.
C)discounts.
D)all of these.

Question

Quizplus · Accepted Answer

In setting price standards, the purchasing manager must consider all of these factors, including freight, quality, and discounts. Freight costs can significantly impact the overall price of a product, and may vary depending on the supplier and shipping location. Quality is also a crucial factor to consider, as a lower price may not be worth sacrificing quality. Lastly, discounts or special promotions offered by suppliers can impact the price and should be taken into account. Therefore, all of these factors should be considered in order to establish price standards.

In Setting Price Standards, the Purchasing Manager Must Consider