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What is purchasing strategy?

Updated: 9/13/2023
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9y ago

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A purchasing strategy is the technique that is used to acquire goods by a business. This can be through credit facilities, hire purchase or even cash so as to get discounts.

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What is Reck and Long purchasing strategy?

Rack and Long's strategic positioning tool can be used for identifying the strategic level which a firm is in. Four levels are identified.Passive- Purchasing is viewed as a clerical function and acts on requests from other departments.Independent- takes a more professional approach to purchasing including enhanced IT and communication technologiesSupportive-Purchasing is viewed as corporately essential and provides timely information on prices and availabilityIntegrative- Purchasing is integral to corporate strategy and management involve in strategy development.


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Did public opinion affect the United States government's war strategy during the cold war?

Reducing the purchasing power of Americans . Setting crop prices Suspending competitive bidding


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Good strategy, bad strategy, well-defined strategy, outdated strategy, coherent strategy, sophisticated strategy, aggressive strategy...


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