If a company has a budget for the purchase of a specific type of product (e.g. laptop computers) and has not yet spent the entire budget allocated for the current fiscal year for this type of product, we say that this company is:

Question

Quizplus · Accepted Answer

"Open to buy" refers to a company that has a budget allocated for a specific type of product but has not yet spent the entire amount. This indicates that they are still open to making purchases within that budget. The other options do not accurately describe this scenario.

If a Company Has a Budget for the Purchase of a Specific