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Simora [160]
3 years ago
15

When a furniture manufacturer buys the lumber and other raw materials, machines and equipment, manufacturing supplies, and offic

e supplies needed to build its furniture pieces, this is called
Business
1 answer:
boyakko [2]3 years ago
6 0

Answer:

Procurement

Explanation:

The process of "procurement" refers to purchasing the goods and services that will be used in the company's business. This gives the company the ability to choose where and from whom they will buy their supplies. This allows "fairness" and promotes<em> competition. </em>

The act of buying lumber and raw materials by the furniture manufacturer, including its machines, equipment, manufacturing supplies and office supplies belong to the process of procurement. Companies set their <u>own procurement policies</u> in order to ensure that<em> it aligns with the interest of the public.</em>

So, this explains the answer.

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4 0
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Bob is a manager at a local toyota dealership who has lost five of his employees last year. now he has to make a decision about
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