Which One of the Following Statements Is TRUE About Purchasing

question 81

Multiple Choice

Which one of the following statements is TRUE about purchasing?

• A) Purchasing's primary role is to negotiate prices and delivery dates.
• B) Purchasing must satisfy the firm's long- term supply needs.
• C) Purchasing's primary role is to negotiate lower prices.
• D) Purchasing's primary role should be placing and tracking orders.

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Definitions:

Problem-Solving Report

a document that outlines the process of identifying a problem, analyzing the causes, proposing solutions, and recommending actions.

Closure Report

A final document that summarizes the outcomes and status of a project at its completion.

Well-Written Headings

Concise, clear titles or headings that accurately reflect the content of a section or document.

Purpose Statement

A concise description aimed at defining the main objectives and guiding the actions of an entity.