What is the purchasing function sometimes known as?
A) coordination
B) a buying procedure
C) procurement
D) delivery

Question

Quizplus · Accepted Answer

The purchasing function is formally known as procurement. It involves the process of sourcing and acquiring goods and services from external sources. Coordination, buying procedure, and delivery are all components of the procurement process but are not the formal title for the overall function.

What Is the Purchasing Function Sometimes Known As