_________ is the function in the firm that searches for quality material resources,finds the best suppliers,and negotiates the best price.
A)Marketing
B)Collective bargaining
C)Bartering
D)Purchasing

Question

Quizplus · Accepted Answer

Purchasing is the function in the firm that is responsible for sourcing, finding, and acquiring the materials, goods, and services that the organization needs to operate. This function searches for quality material resources, identifies the best suppliers, negotiates the best prices, and manages the supplier relationships. The purchasing function is critical to ensuring that the company obtains the resources it needs to operate efficiently and cost-effectively.

_________ Is the Function in the Firm That Searches for Quality