Which of the Following Best Explains 'Purchasing Engineer

question 7

Multiple Choice

Which of the following best explains 'purchasing engineer'? 

• A) Suppliers invited to participate in the company's development projects at an early stage. 
• B) A specialist function in the liaison between the engineering department and the purchasing department. 
• C) The co-location of engineers from suppliers within the organization. 
• D) Buyers with engineering qualifications.

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Definitions:

Sales Projection

An estimate of the sales revenue that a company expects to achieve in a future period.

Retained Earnings

Profits that a company has kept or retained rather than distributed to shareholders in the form of dividends.

Debt to Equity Ratio

A measure of a company's financial leverage calculated by dividing its total liabilities by shareholder equity, indicating the proportion of equity and debt used to finance a company's assets.

Dividends

Distributions given to the shareholders of a corporation, typically sourced from the profits of the business.