When a Commodity Is Purchased by Many Major Business Units

question 22

Multiple Choice

When a commodity is purchased by many major business units, use of [a] _____ is beneficial.

• A)joint global strategy
• B)purchasing cards
• C)decentralized purchasing structure
• D)corporate purchasing council
• E)lead division buying

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Definitions:

Platelets

Small blood cells that play a crucial role in blood clotting to prevent bleeding.

Feedback Mechanism

A biological process where the output of a system regulates or controls its own function or activity.

Receptor

A protein molecule on the cell surface or within a cell that binds to specific molecules, such as hormones or neurotransmitters, triggering a specific cellular response.

Set Point

A term referring to the ideal value or range of values for a physiological parameter that the body tries to maintain through homeostasis.