The Business Environment Is Changing Dramatically,and Organizational Buying Is Also

question 73

Multiple Choice

The business environment is changing dramatically,and organizational buying is also changing.As organizations are pressured to improve product quality,control costs,and minimize inventory,they are:

• A) elevating their purchasing directors to reflect the increasing importance of this function.
• B) replacing just-in-time inventory control with a more practical technique.
• C) using less global sourcing to reduce transportation costs.
• D) using less value analysis.
• E) all of the above.

---

Definitions:

Selling Price

The amount of money charged for a product or service, determined by factors like cost, market demand, and competition.