Answer to Question #115358 in Management for Lethabo

Question

Kgaogelo owns an organic food store in New lands. As the store is new,it is quite small and Kgaugelo does not have a dedicated purchasing and supply manager at the moment.Which one of the following is another factor Kgaugelo will need use to determine the importance of the purchasing and supply fiction?
1 The situation in the supplier market
2 The hierarchy of the management levels
3 The quality of the materials required
4 The speed with which stock needs to be replenished

Answer 1

The situation in the supplier market is among the factors used to determine the importance of purchasing and supply fiction. However, the purchasing is the responsible firm function for the professional management of a business’s interface, which enhances the organizational provision of the necessary goods and services to the supplier market.