To lower costs and reduce manufacturing time, Michelin has people work together on important purchases.These people include individuals in the roles of buyers, deciders, gatekeepers, and others, as needed.This type of cross-functional group is known as a(n)
A)status quo committee.
B)negotiating panel.
C)buying center.
D)supply partnership.
E)strategic agency.

Question

Quizplus · Accepted Answer

The scenario describes a buying center, which is a cross-functional group of individuals involved in the purchasing decision-making process to reduce costs and save time. A status quo committee refers to a group that maintains the existing situation, a negotiating panel is a team that negotiates deals with suppliers, a supply partnership involves forming a long-term relationship with suppliers, and a strategic agency is a term that does not apply to the given situation.

To Lower Costs and Reduce Manufacturing Time, Michelin Has People