Which View of Purchasing Is Described in the Following Statement??Management

question 50

Multiple Choice

Which view of purchasing is described in the following statement??Management becomes aware that pressing suppliers for low prices has its drawbacks and may lead to sub-optimization.

• A) Purchasing as an operational, administrative activity. 
• B) Purchasing as a commercial activity. 
• C) Purchasing as part of integrated logistics 
• D) Purchasing as a strategic business area.

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Definitions:

Ethical Decisions

Choices made based on moral principles and values, considering the impact on others and striving for fairness and integrity.

Principle of Justice

A fundamental moral guideline for ensuring fairness and equitable treatment of individuals within society.

Sales Pressure

The stress or tension that arises from attempting to persuade customers to purchase a product or service within certain time limits or under challenging conditions.

Employee Rights

Rights desired by employees regarding their job security and the treatment administered by their employers while on the job, irrespective of whether those rights are currently protected by law or collective bargaining agreements of labor unions.