Three college friends, Alan, Thomas, and Will, have turned their interest in backpacking and wilderness exploration into a profitable business partnership. They conduct exploration camps lasting anywhere from two days to six weeks. They hire Alan's girlfriend Rosalyn, who assists Alan in the operational activities of the business. Thomas interacts with various vendors to procure the supplies needed for the business and Will looks after the company's finances. Who would most probably be the buyer in this business?

Question

Quizplus · Accepted Answer

Buyers have the formal authority and responsibility to select the supplier and negotiate the terms of the contract. For example, in the purchase of a computer system, the purchasing agent would likely perform this role.

Three College Friends, Alan, Thomas, and Will, Have Turned Their