Purchasing Managers

question 41

Multiple Choice

Purchasing managers

• A) are, in general, not very well educated.
• B) always buy from the lowest price supplier.
• C) may be willing to pay more to reduce personal risk.
• D) are usually the last ones a salesperson sees, after the order has been approved by the gatekeepers.
• E) None of these alternatives for purchasing managers is correct.

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Definitions:

Classical Management

An approach to management based on structured hierarchy, clear functions, and an emphasis on planning, organizing, leading, and controlling.

Psychological Failure

A breakdown in psychological functioning, which can impair mental health and emotional well-being.

Bureaucratic Organization

A bureaucratic organization is a structured, formalized organization characterized by a clear hierarchy of authority, fixed area of activity, and strict rules and procedures designed to increase efficiency.

Self-fulfilling Prophecy

A belief or expectation that influences behavior in a way that causes the belief to become a reality.