Which of the Following Are Performance Targets for Purchasing

question 14

Multiple Choice

Which of the following are performance targets for purchasing? 

• A) Profit maximisation. 
• B) Manufacturing improvement. 
• C) Improving logistics performance. 
• D) Internal efficiency.

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Definitions:

Environmental Uncertainty

The degree to which an organization lacks information about its external environment, making it difficult to predict future conditions and make informed decisions.

Organisational Designs

The process of shaping an organization’s structure, roles, and networks to effectively manage and coordinate activities towards achieving its objectives.

Flexibility

The ability to adapt to changing circumstances, adjust to new instructions or conditions, and remain effective in a variety of situations.

Customers

Individuals or entities that purchase goods or services produced by a business.