While indirect production-oriented goods have been the focus of management attention for many years, the purchasing of goods and services that are part of finished goods-termed indirect procurement-is also critical.

Question

Quizplus · Accepted Answer

The statement incorrectly labels the procurement of goods and services that are part of finished goods as "indirect procurement." In fact, this describes "direct procurement." Indirect procurement refers to purchasing goods and services not directly incorporated into a finished product, such as office supplies or consulting services.

While Indirect Production-Oriented Goods Have Been the Focus of Management