Which of the following statements is FALSE?
A)More than 50% of each sales dollar typically goes towards covering supply chain costs
B)Decentralized purchasing means not having any purchasing departments and allowing all employees to act as purchasing agents
C)Electronic procurement systems can aid a company in saving both time and money
D)If a firm lacks the technology to make a required component they will need to consider buying/outsourcing.

Question

Quizplus · Accepted Answer

Decentralized purchasing refers to the delegation of purchasing decisions to multiple departments or individuals within a company. It still involves having purchasing departments and trained purchasing agents.

Which of the Following Statements Is FALSE