A Business Purchase Usually Involves All of the Following EXCEPT

question 58

Multiple Choice

A business purchase usually involves all of the following EXCEPT ________.

• A) more decision participants
• B) manufacturing representatives
• C) more professional purchasing effort
• D) trained purchasing agents
• E) high-level trained supply managers

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Definitions:

APICS

APICS stands for the Association for Supply Chain Management, a professional association for supply chain management and logistics professionals, offering certification programs and training.

PMI

The Project Management Institute, a professional organization for project management providing best practices, certifications, and education.

Fiscal Year-End

The completion of a one-year, or 12-month, accounting period that businesses use for financial reporting and budgeting.

Critical Decisions

Decisions that have a significant impact on the outcome or success of a particular process, project, or organization.