Key Functions: Purchasing and Public Relations (Grade 10 NSC Matric Business Studies): Quizzes

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Key Functions: Purchasing and Public Relations
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What is the primary responsibility of the purchasing function?

Acquiring quality raw materials & services

What is a requisition in the purchasing procedure?

An official order requesting materials

Which benefit does effective stock control provide?

Identifies theft through discrepancies

What is a key characteristic of cash payments?

Has immediate effect on cash flow

What was the National Credit Act introduced to provide?

Guidelines on rights & responsibilities

Which right do consumers have under the NCA?

Access to debt counselling services

What is a negative effect of the NCA on businesses?

Forces higher cash reserves for stock

What is the main purpose of the Consumer Protection Act?

Prevent consumer exploitation

How does public relations help during difficult times?

Organises news conferences for crises

What is transit advertising in public relations?

Advertising on public transport vehicles

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