Which of the Following Is the Objective of Purchasing

question 184

Multiple Choice

Which of the following is the objective of purchasing?

• A) Routinely replenish the stock.
• B) Ensure that required materials are available when they are needed, in the proper amounts, and at minimum cost.
• C) Select suppliers.
• D) Determine the facility's level of output.
• E) Control inventory and product quality.

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Definitions:

Monetary Bribes

Illegal or unethical payments made to influence someone's actions or decisions.

Prison Rules

Regulations and guidelines that govern behavior and procedures within correctional facilities to maintain order and safety.

Mass Incarceration

The substantial increase in the number of individuals imprisoned in the United States, starting in the last quarter of the 20th century.

Policies

Deliberate plans of action, guidelines, or principles designed to influence and determine decisions, actions, and other matters.