Business High School

is also called procurement. a.purchasing management b.automation c.inventory management d.materials control e.quality control

Answers

Answer 1

Purchasing management is also called procurement. The procurement is the term which means to buy or purchase products and services for the selling purpose.

The purchasing management is the management in which the business buys the products in the bundle or stock quantity for the re-selling purpose or to make their business products as taking the raw material or intermediate  goods or stocks.

The purchasing management is the management in which the small seller or shopkeeper become unite with the big organization or business to sell their products and give some profit at the end of the year.

The purchasing management is good for those seller who is not able to sell their products.

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