The Focus of the Purchasing Function in the New Millennium

question 60

Multiple Choice

The focus of the purchasing function in the new millennium (year 2000 onwards) has been

• A)developing basic purchasing procedures.
• B)obtaining scarce materials.
• C)solely on reducing prices.
• D)developing collaborative relationships with suppliers.

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Definitions:

Cations

Positively charged ions that are formed when an atom loses one or more electrons.

Positive Charge

A type of electrical charge, typically carried by protons, that repels other positive charges and attracts negative charges.

Ionic Compounds

Compounds composed of ions held together by ionic bonds; typically formed when a metal reacts with a nonmetal or a polyatomic ion.

CH4

CH4, methane, is a simple alkane hydrocarbon with one carbon atom bonded to four hydrogen atoms, and is a major component of natural gas.