Use of a _____ Is Most Advantageous Where Geographic Concentration

question 1

Multiple Choice

Use of a _____ is most advantageous where geographic concentration exists within a company.

• A)regional buying group
• B)business unit leader
• C)corporate purchasing council
• D)corporate steering committee
• E)None of these answers.

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Definitions:

Earn Revenue

The process by which businesses generate income through the sale of goods, provision of services, or other primary business activities.

Accounting Function

The process of recording, summarizing, analyzing, and reporting financial transactions of a business to oversight agencies, regulators, and the IRS.

Finance Function

The role within a company that encompasses tasks related to managing finances, including treasury, budgeting, and financial reporting.

Sale Of Product

Sale of product refers to the transaction in which a business sells its physical goods to a customer in exchange for payment.