In organizations, the buying function involves gathering and screening information about products and services, prices, and suppliers, which are known as
A) agents.
B) procurement sources.
C) resellers.
D) shops.
E) vendors.

Question

Quizplus · Accepted Answer

Vendors are the suppliers from whom organizations gather and screen information about products, services, prices, and other relevant details for purchasing decisions.

In Organizations, the Buying Function Involves Gathering and Screening Information