Which of the following explains 'Purchasing Performance'?
A) The extent to which the purchasing function is able to realize its costs.
B) The extent to which the purchasing function is able to sacrifice of a minimum of the company's resources, i.e. costs.
C) The extent to which the purchasing function is able to realize its predetermined goals at the sacrifice of a minimum of the company's resources, i.e. costs.
D) The extent to which the purchasing function is able to realize its predetermined goals.

Question

Which of the following explains 'Purchasing Performance'? 
A) The extent to which the purchasing function is able to realize its costs. 
B) The extent to which the purchasing function is able to sacrifice of a minimum of the company's resources, i.e. costs. 
C) The extent to which the purchasing function is able to realize its predetermined goals at the sacrifice of a minimum of the company's resources, i.e. costs. 
D) The extent to which the purchasing function is able to realize its predetermined goals.

Quizplus · Accepted Answer

Purchasing performance is the extent to which the purchasing function is able to achieve its predetermined goals while minimizing the use of company resources, specifically costs.

Which of the Following Explains 'Purchasing Performance