Topic 1. kn 5 – 7Please let me know correct answer and explain it !What is Purchasing and Supply Management Charpter !5.Why is the most important purchasing right picking the right supplier? a. Customers will judge you for choosing poorlyb. The right supplier will always have the lowest possible pricec. The choice of supplier affects all the other rightsd. The right supplier is the one with closest ties to your CEOe. The right supplier is the only one with whom it is possible to do business6.In looking at Figures 1-6 and 1-7, when purchasing reduces COGS, gross profit goes up. What else happens? a. Taxes go downb. Taxes go upc. S&A goes upd. Fixed assets go downe. Nothing else happens7.Which conflict first brought a significant change in how purchasing was perceived? a. WWIb. WWIIc. The Crimean Ward. Gulf War 1e. The War of the Roses
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