Managing purchasing is an example of a(n):
A) Accounting Business Process
B) Finance Business Process
C) Marketing Business Process
D) Production Business Process
E) Management Information Systems Business Process

Question

Quizplus · Accepted Answer

Managing purchasing is a part of the Production Business Process, which is concerned with sourcing the necessary raw materials, components, and supplies needed to manufacture the final product. It involves identifying suppliers, negotiating prices, placing orders, and tracking delivery and payment.

Managing Purchasing Is an Example of A(n)