In Retail Operations, the Purchasing Task Is Frequently Combined with the Sales

question 28

Multiple Choice

In retail operations, the purchasing task is frequently combined with the sales and physical distribution task. This term is called:

• A) Materials management
• B) Merchandising
• C) Retail supply management
• D) Retail procurement

---

Definitions:

Divisionalized Structures

An organizational form where operations are segmented into semi-autonomous units or divisions, each with its own strategies and objectives.

Manufacturing Operations

The processes involved in the production of goods, encompassing everything from product design to fabrication, assembly, and quality control.

North America

A continent located in the Northern Hemisphere and almost entirely within the Western Hemisphere.

Team-Based Organizations

Organizational structures that prioritize and rely on teams rather than traditional hierarchical models to accomplish tasks and goals.