Which of the Following Statements Is FALSE

question 38

Multiple Choice

Which of the following statements is FALSE?

• A)More than 50% of each sales dollar typically goes towards covering supply chain costs
• B)Decentralized purchasing means not having any purchasing departments and allowing all employees to act as purchasing agents
• C)Electronic procurement systems can aid a company in saving both time and money
• D)If a firm lacks the technology to make a required component they will need to consider buying/outsourcing.

---

Definitions:

Organizational Psychology

A field of psychology that studies human behavior in work settings and applies psychological theories to organizations and their employees.

Clinical

Pertaining to the assessment and treatment of patients in medicine and psychology; often used within contexts involving medical and therapeutic settings.

Applied Psychology

The branch of psychology concerned with applying psychological principles and research to solve practical problems in various fields such as business, education, and health.

Professional Specialty

This term refers to a specialized area within a profession in which an individual focuses their expertise and skills, often requiring additional training and certification.