The textbook discusses the significant difference between buying and purchasing. In general the purchasing process refers to buying goods and services for _______________. Buying typically means procuring items for ________.
A) use by the buying organization / external use
B) vendors / wholesale
C) use by client organizations / resellers
D) use by the buying organization / resale
E) resale / use by the buying organization

Question

Quizplus · Accepted Answer

The purchasing process refers to buying goods and services for use by the buying organization, while buying typically means procuring items for resale or external use. Therefore, option D (use by the buying organization/resale) is the best choice.

The Textbook Discusses the Significant Difference Between Buying and Purchasing