When a company deals with obtaining raw materials, parts, and supplies needed to perform the operations function, the company is developing its _____ strategy

Business Dec 10, 2020

When a company deals with obtaining raw materials, parts, and supplies needed to perform the operations function, the company is developing its _____ strategy.

A) operations

B) purchasing

C) R&D

D) financial

E) human resource management

Expert Solution

The correct answer to the given question is option B) purchasing .

When a company deals with obtaining raw materials, parts, and supplies required to perform the operations function, the company is said to be developing its purchasing strategy. The operations strategy is usually more comprehensive strategy which consists of managing the inventory and taking decisions related to production.

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