The ____________ is to provide a firm with component parts and raw materials. ____________ also must ensure that high-quality products are provided on time, at a reasonable price.
A) manufacturing department / Manufacturing
B) operations division / Operations
C) function of purchasing / Purchasing
D) procurement department / Operations
E) buying function / Manufacturing

Question

Quizplus · Accepted Answer

The function of purchasing is responsible for acquiring component parts and raw materials to support a firm's operations. This function is also tasked with ensuring that products are of high quality, delivered on time, and at a reasonable price. The other options are not as accurate or comprehensive in their descriptions of the tasks and responsibilities of purchasing.

The ____________ Is to Provide a Firm with Component Parts