The business environment is changing dramatically,and organizational buying is also changing.As organizations are pressured to improve product quality,control costs,and minimize inventory,they are:
A) elevating their purchasing directors to reflect the increasing importance of this function.
B) replacing just-in-time inventory control with a more practical technique.
C) using less global sourcing to reduce transportation costs.
D) using less value analysis.
E) all of the above.

Question

Quizplus · Accepted Answer

The increasing importance of purchasing in the current business environment has led to the elevation of purchasing directors to reflect this importance.

Answer: E 
 The organizational buying process is changing due to the pressure to improve product quality, control costs, and minimize inventory. This has led organizations to elevate their purchasing directors, replace just-in-time inventory control with more practical techniques, and use less global sourcing to reduce transportation costs. Additionally, organizations may use less value analysis as they focus on minimizing costs. Hence, option E - all of the above - is the best choice.

The Business Environment Is Changing Dramatically,and Organizational Buying Is Also