The Size and Activities of the Supply Function in a Single

question 1

Multiple Choice

The size and activities of the supply function in a single business unit organization will depend on:

• A)the size of the company.
• B)the size of the company and the nature of the company's business.
• C)the nature of the company's business.
• D)the preference of the owner or president of the business.
• E)the preference of the supply manager.

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Definitions:

Drafts

Written orders for the payment of a specified sum of money from one party to another, often used in international trade.

Documents

Documents are written, drawn, presented, or memorialized representations of thoughts, which serve as evidence or information.

Buyer

A person or organization that purchases goods or services from another business or individual, entering into a commercial transaction.

Judgment Rate

The interest rate set by law that is applied to monetary judgments awarded by courts.