The Primary Organizational Buying Objective for Business Firms Is to

question 21

Multiple Choice

The primary organizational buying objective for business firms is to

• A)help the firm achieve its objectives.
• B)create an atmosphere of inclusiveness.
• C)help smaller companies stay in business.
• D)increase the proficiency of its buyers.
• E)balance inventory.

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Definitions:

Taxes

Mandatory financial charges imposed by governments on individuals or entities to fund public expenditures, with failure to pay typically resulting in legal penalties.

Canada Pension Plan

A mandatory public insurance program in Canada that provides income in retirement, as well as benefits to the disabled and survivors of deceased contributors.

Contributory Benefit

A type of financial assistance that individuals receive based on their previous contributions to a welfare system, typically through taxes or specific insurance schemes.

Performance Incentives

Rewards linked to the accomplishment of specific performance targets or objectives designed to motivate and reward employees.