What is the goal of purchasing?

[Deej]

Question 1

What is the advantage of outsourcing significant functions of an organization?
◦ Companies have increased globalization.
◦ Companies can concentrate on core competencies.
◦ Companies can better utilize value webs.
◦ Companies can move toward becoming unstructured.
◦ Companies can expand their focus.

Question 2

What is the goal of purchasing?
◦ To ensure the company has what it needs, when they need it, at the lowest possible cost
◦ To determine the right quantities of supplies and products to have on hand
◦ To track where items are in the supply chain
◦ To link a company's financial system to other processes
◦ To extend resource planning to encompass the entire organization

[marufp]

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Only 39% of students answer this correctly

[Deej]

Excellent

[xiazhe]

Thanks for the timely response, appreciate it