Describe procurement in an organization

What will be an ideal response?

Procurement is the process of obtaining goods and services such as raw materials, machine spare parts, and cafeteria services. Procurement is an operational process executed hundreds or thousands of times a day in a large organization.

Business

You might also like to view...

Among various duties, which of the following would likely be done by public affairs professionals?

A) coordinating relationships with suppliers B) managing gift-giving policies C) coordinating activities with legislators on local, state, and federal levels D) supporting activities to convince prospective customers to try the organization's products

Business

The main advantage of simulation models is that they can provide low-cost evaluations of complex situations

Indicate whether the statement is true or false.

Business