In Organizations, the Buying Function Involves Gathering and Screening Information

question 86

Multiple Choice

In organizations, the buying function involves gathering and screening information about products and services, prices, and suppliers, which are known as

• A) agents.
• B) procurement sources.
• C) resellers.
• D) shops.
• E) vendors.

---

Definitions:

Growth Mind-Set

The conviction that through commitment and diligent effort, one's skills and intellect can be enhanced.

Fixed Mind-Set

A belief that one's abilities, intelligence, and talents are fixed traits, leading to a desire to appear smart instead of learning from failures.

Test-Taking Smarts

Strategies and skills used to efficiently and effectively navigate and respond to questions posed in an exam setting.

Intelligence

Intelligence is a complex trait that encompasses cognitive abilities, such as reasoning, problem-solving, and learning.