In the past, what position did purchasing departments hold in the management hierarchy of most organizations?
A) a high level because of their role in managing the company's costs
B) a secretive position so that no-one would know exact level of spending
C) a low level despite the fact that they manage more than half of the company's costs
D) a moderate level because of their spotty record on controlling costs
E) there had been no determination or understanding of importance of position

Question

Quizplus · Accepted Answer

In the past, purchasing departments were typically considered a low-level function within organizations, despite the fact that they managed significant portions of the company's costs. This perception has since shifted, with many organizations recognizing the strategic importance of effective procurement and elevating the purchasing function within their management hierarchies.

In the Past, What Position Did Purchasing Departments Hold in the Management