Which of the following is true of assigning responsibility for purchasing?
A) Generally, one person should be given the overall purchasing responsibility.
B) The authority to order should only be with the business owner.
C) The person assigned the responsibility should not ask for help.
D) Responsibility for purchasing should not be assigned to anybody in case of stockouts.

Question

Quizplus · Accepted Answer

Generally, one person should be given the overall purchasing responsibility to ensure that purchases are made in a coordinated and efficient manner. This person should also be allowed to seek help or input from other team members when necessary. It is not advisable to limit the authority to order to only the business owner, as this can slow down the purchasing process and result in missed opportunities. Assigning responsibility for purchasing to nobody in case of stockouts is also not a good strategy, as it can lead to long-term inventory issues and lost sales.

Which of the Following Is True of Assigning Responsibility for Purchasing