A Product Manager Occasionally Overrides Established Purchasing Policies in Order

question 75

Multiple Choice

A product manager occasionally overrides established purchasing policies in order to expedite the introduction of new products in a competitive industry. The manager's overrides are:

• A) Unacceptable as they are not consistent with the purchasing policy.
• B) Only acceptable if the override is within the manager's spending limit.
• C) Only acceptable if a policy governing such overrides is in place and they are reported.
• D) Acceptable due to the highly competitive nature of the industry.

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Definitions:

Rightful Possession

The legal right of an individual or entity to use, control, or occupy property or assets under the law.

Good Samaritan Statutes

Laws designed to provide legal protection to individuals who voluntarily provide aid or assistance to others in distress without expecting compensation.

Negligence

A legal concept where an individual fails to take reasonable care, resulting in damage or harm to another.

Reasonable Care

The legal obligation to act with a degree of caution and concern for the safety of others that an ordinarily prudent person would use in similar circumstances.