True or False: important factors in purchasing include the cost of goods purchased, the quality of goods and services, and the timing of deliveries of goods or services.

Answer :

The given statement is true.

Cost, quality, and timing of deliveries of products or services are all significant aspects to consider when making a purchase.

What is the purchasing of goods and services to meet the needs of the supply chain?

Buying goods and services involves sourcing, acquiring, and paying for them. The logistics involved in acquiring goods, such as shipping and warehouse management, as well as the process of turning the acquired goods into finished products and distributing them to customers, are all covered by supply chain management.

Quality of good and service, availability of resource, availability of alternative resource, level of competition.

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