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Explain how the Purchasing Function Contributes to the Achievement of an Organization’s Objectives

Question

Explain how the purchasing function contributes to the achievement of an organization’s objectives.

Summary

The question belongs to Operations Management and it is about purchasing function. The contribution of purchasing functions in the achievement of organization’s objectives have been discussed here. For a trading or a manufacturing organization, it is very important to check for the best quality purchases with regards to the cost. Cheap and low quality purchases bought by the company can damage the reputation of the company.

Total Word Count 377


 

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