The Purchasing Decision- Making Unit of Business Is Known as The

question 63

Multiple Choice

The purchasing decision- making unit of business is known as the:

• A) buying centre.
• B) centralised purchasing unit.
• C) purchasing department.
• D) acquisitions centre.
• E) purchasing officer.

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Definitions:

Technology Company

A business focused on the development, production, and marketing of technology products or services, often in sectors like information technology, biotechnology, or engineering.

Production Feedback

Information given regarding the output of a production process, which can be used to adjust operations for increased efficiency and quality.

Change Initiative

A strategic plan implemented to modify processes, systems, or organizational structures in order to improve efficiency, productivity, or adapt to new market demands.

Organization's Culture

The shared values, beliefs, and norms that influence the behavior and practices of all members within an organization.