Typically, the volume and value of purchases of materials and services are decreasing as
organisations bring more operations in-house.

Question

Quizplus · Accepted Answer

Organizations bringing more operations in-house (a process known as vertical integration) might actually lead to an increase in the volume and value of materials and services purchased, as they may take on new functions that require additional inputs. The trend towards in-house operations does not inherently mean a decrease in purchases; it could lead to a diversification or change in the type of purchases instead.

Typically, the Volume and Value of Purchases of Materials and Services