The process of buying and working with suppliers is known as
A)procurement.
B)purchasing.
C)sourcing.
D)supply management.
E)All of the above

Question

Quizplus · Accepted Answer

All the terms mentioned - procurement, purchasing, sourcing, and supply management - are related to the process of buying and working with suppliers. They are often used interchangeably in the context of acquiring goods and services needed by an organization.

The Process of Buying and Working with Suppliers Is Known