The group of people in an organization who participate in the procurement process is referred to as the ________

A) buyer institution
B) buyclass
C) buying center
D) purchasing hierarchy
E) purchasing office

C

Business

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Yankee Cleaning Company borrowed $20,000 from Western National Bank for 180 days; discount rate is 4.5 percent; issued a note for $20,000. What amount of cash is received from Western National Bank?

a. None of the answers listed b. $19,550 c. $19,100 d. $20,000

Business

A job shop is an example of a(n):

A) repetitive process. B) continuous process. C) line process. D) intermittent process. E) specialized process.

Business