Norah is interested in developing her purchasing policy.She wants to make a policy for which of the following?

A) the price and timing of raw materials,and other goods and services necessary to build,sell,and support products
B) how pricing will be determined for her products and services
C) the level of compensation and benefits for each type of position in the business
D) the process and timing in which obligations to pay for products and services sold will be billed and collected

Question

Raymond Peter · Accepted Answer

Final Answer : A, Explanation :  Developing a purchasing policy mainly focuses on determining the price and timing of raw materials and other goods and services necessary to build, sell, and support products. The other options (B, C, and D) are related to pricing strategies, compensation policies, and invoicing procedures, respectively, which are not the primary focus of a purchasing policy.

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Learning Objectives

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