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

question 26

Multiple Choice

Which view of purchasing is described in the following statement??Management evaluates primarily on parameters such as backlog,number of orders issues and number of complaints.

• 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:

Offshoring

Refers to the practice of relocating business operations or processes to another country, typically to reduce costs.

Exporting Jobs

The practice of relocating jobs and production facilities from one country to lower-cost or more efficient locations abroad, affecting the labor market in the country of origin.

Importing Products

Activities involving the bringing of goods or services from a foreign country into a domestic market.

Major Exports

Products or services that a country sells to others, which constitute a significant portion of its total exports and are crucial to its economy.