ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Production related procurement refers to the purchasing of:
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Information systems
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Office supplies
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Raw materials
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Furniture
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Explanation:
Detailed explanation-1: -Answer-B.. Explanation-Raw Materials is production related procurement.
Detailed explanation-2: -The main difference between procurement and purchasing is that purchasing only focuses on order costs and how to lower them, whereas procurement focuses on the overall value creation and total costs throughout the purchasing cycle.
Detailed explanation-3: -Purchasing is the process a business or organization uses to acquire goods or services to accomplish its goals.
There is 1 question to complete.