Purchasing departments usually have the responsibility and authority to:
A) legally commit the company to a contract. B) determine price and source.
C) satisfy the needs of the user department. D) all of the above
D
Business
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What is the main reason that customers patronize service losers?
What will be an ideal response?
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A firm which uses the aggressive financing strategy plans to purchase raw materials in large quantities to take price discounts. The firm will finance the purchase with a long-term loan. The most likely consequence of this action is ________
A) a decrease in the current ratio B) an increase in net working capital C) an increase in risk of insolvency D) a decrease in net working capital
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