When Merchandise Is Needed, a Department Manager Must Inform the Purchasing

question 102

True/False

When merchandise is needed, a department manager must inform the purchasing department of its needs by preparing and signing a purchase requisition which lists the merchandise needed and requests that it be purchased.

---

Definitions:

Nationalization

The process by which a government takes control of a company or industry, often turning it from private to state ownership.

Scarce Resource

A resource that is limited in availability and cannot meet all demands placed on it by humans wanting unlimited access.

Farmland

Land used for farming and agriculture purposes to grow crops and/or rear animals, playing a critical role in the food supply chain and the economy.

Acres

A unit of area used primarily in the English-speaking world, representing 43,560 square feet or about 4046.86 square meters.