Which of the Following Is True of Purchasing

question 5

Multiple Choice

Which of the following is true of purchasing

• A) It can have a significant impact on total supply chain costs.
• B) It is critical to satisfy employees' needs and expectations.
• C) The delivery of goods and services is the responsibility of the purchasing function of a supply chain.
• D) The principal goal of purchasing is to source products from a single supplier to avoid capacity risks.

---

Definitions:

Comcast

An American telecommunications conglomerate that is one of the largest broadcasting and cable television companies in the world, offering services such as video, high-speed internet, and phone over its cable networks.

Moral Hazard

A situation in policy and economics where one party is more inclined to take risks because the negative consequences of those risks will be borne, at least in part, by others.

Pre-contractual Problem

Issues that arise before a contract is finalized, often related to information asymmetry or negotiating terms.

Post-contractual Problem

Issues or disputes that arise after a contract has been signed and during its execution period.