Question

g Which of the following statements is FALSE?Question 14 options:Electronic procurement systems can aid a company in saving both time and money.More than 50% of each sales dollar typically goes towards covering supply chain costs.If a firm lacks the technology to make a required component they will need to consider buying/outsourcing.Centralized purchasing is where individual, local purchasing departments, such as at the plant level, make their own purchasing decisions.

Answer 1

Answer:

• Centralized purchasing is where departments, such as the plant level make their own purchasing decisions. ( False )

Explanation:

• Centralized Purchasing: The decision of purchasing is made by a single authority so, for example, the CEO or the purchasing department of the company takes all the decision.
• Decentralized Purchasing: Each department, plant, individual makes its own decision of purchasing.