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) shops.
D) vendors.
E) resellers.

Question

Quizplus · Accepted Answer

Vendors are the suppliers from whom organizations purchase products and services, and the buying function involves gathering information about these vendors.

In Organizations, the Buying Function Involves Gathering and Screening Information