When a Company Deals with Obtaining Raw Materials,parts,and Supplies Needed

question 21

Multiple Choice

When a company deals with obtaining raw materials,parts,and supplies needed to perform the operations function,the company is developing its ________ strategy.

• A) operations
• B) purchasing
• C) R&D
• D) financial
• E) human resource management

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Definitions:

Learning Theory

A conceptual framework describing how information is absorbed, processed, and retained during learning.

Scientific Method

A systematic approach to research where a problem is identified, relevant data is gathered, a hypothesis is formulated from these data, and the hypothesis is empirically tested.

Hypothesis

A specific prediction that can be tested, and proved or disproved.

Refuting

The act of disproving a statement or argument by presenting evidence or logical reasoning.