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Answer:
Please find attached solution.
Explanation:
*matches pairs to respective categories*
Making sure they meet all aspect of the company's purpose.
Answer:
True.
Explanation:
Purchasing is an important part of a company and it's operating efficiency determines whether a company would be profitable for not. Let's assume, A company sells their goods (250 Pencils) for $500 but to make those $250 they have procured raw materials worth of $5 dollar for each pencil, now due to various other factors their prices were low or anything else we are not going into that, however, the point to understand is the importance of procurement and it's process.
- Procurement with analysis and strategies can help you save money which you wouldn't have because you never though about it. Why? Because procuring process keeps all seasonal factors, all elements included in purchasing,all costs in mind and than let's you know what quantity from which supplier, for how much should be purchased?