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-Refer to d) in the figure above. This symbol identifies
Supply Management
The process of identifying, acquiring, and managing the resources and suppliers needed by an organization to perform its operations effectively.
Decentralized Purchasing Structure
An organizational framework where purchasing decisions are made independently across different departments or locations, rather than being centralized.
Centralization
The organizational structure decision to concentrate decision-making authority and control at higher levels of management.
Supply Policies
Guidelines and rules set by an organization to govern its procurement activities and relationships with suppliers.
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