The New, More Strategically Oriented Purchasing Departments Have a Mission

question 96

Multiple Choice

The new, more strategically oriented purchasing departments have a mission. Which of the following most accurately describes that mission?

• A) Make the most profit possible and remain independent of entanglements.
• B) Approach every purchasing opportunity as means to create interdependency.
• C) Seek the best value from fewer and better suppliers.
• D) Outsource the supply function.
• E) Abandon all strategies except for systems selling and buying.

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Definitions:

Environmental Marketing

Marketing efforts focused on promoting products or services that are presumed to be environmentally safe or have a minimal negative impact on the environment.

Corporate Social Responsibility (CSR)

A business model where companies integrate social and environmental concerns in their operations and interactions with stakeholders, beyond legal requirements.

Corporate Leadership

The top management of a company, including executives and directors, responsible for strategic decision-making and organizational success.

Socially Responsible Behaviors

Actions taken by individuals or organizations aimed at benefiting society and the environment, beyond what is required by law.