An Effort to Make Better and More Efficient Purchase Decisions,the

question 97

Multiple Choice

an effort to make better and more efficient purchase decisions,the Ford Motor Company forms loosely organized groups of people who work together on purchase decisions.The people included in these groups change depending on the purchase situation and may include key personnel from various departments,including research and development,finance,marketing,shipping,and sales.Such a loosely organized group of people within an organization who are involved in the purchase decision is called an organizational

• A) selling committee.
• B) sustainable procurement department.
• C) purchasing unit.
• D) buying center.
• E) buying committee.

---

Definitions:

Analyze Data

The process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making.

Option Value

In finance, option value refers to the premium that buyers are willing to pay for the right, but not the obligation, to buy (call) or sell (put) an asset at a specified price during a certain period.

Option Group

A collection of options within a software application, grouped to allow a user to select one option from multiple choices.

Form Design Tools

Software tools or features used for creating and manipulating digital forms, such as those found in databases or web design.