Name Three Functions of a Purchasing Department: ________________________, ________________________, ________________________

question 86

Short Answer

Name three functions of a purchasing department: ________________________, ________________________, ________________________

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Definitions:

Desirable Properties

Characteristics or features that are sought after or considered beneficial in various contexts, including but not limited to real estate, personal qualities, or product features.

Market Niche

A specific, focused segment of the market that a company aims to serve with its products or services.

Gap Khakis

A specific line of casual pants made by the Gap Inc., characterized by their khaki fabric.

Rationalization

The process of replacing traditional and emotional thought with reason and practicality, often in the context of organizational and technological changes.