The purchasing decision- making unit of business is known as the:
A) buying centre.
B) centralised purchasing unit.
C) purchasing department.
D) acquisitions centre.
E) purchasing officer.

Question

Quizplus · Accepted Answer

The term commonly used to refer to the group of individuals within an organization who are involved in the process of making purchase decisions is the buying centre. This unit can be made up of a variety of people depending on the complexity of the purchase decision, but typically includes representatives from different departments (such as finance, operations, and marketing) who have different perspectives on the purchase. Neither the centralised purchasing unit, purchasing department, acquisitions centre, nor purchasing officer specifically describes the decision-making unit within a business.

The Purchasing Decision- Making Unit of Business Is Known as The