Business Report: Purchasing and Financial Function

Question 1

1st

Answer 1

Name of the person who asked you to write the business report.

Question 2

2nd

Answer 2

Date

Question 3

3rd

Answer 3

Leave line open and write the topic sentence. ALL CAPS

Question 4

INTRO

Answer 4

WHAT IS PURCHASING RESPONSIBLE FOR AND WHY THERE SO IMPORTANT?

Answer 5

1 - The Purchasing function is responsible for the purchase of all goods and services required by all
departments in the business. These goods and services can be divided into three categories

2 - These goods and services can be divided into three categories…

3 - competitive advantage for the business, the economic principle:

4 - Besides trying to save costs, the purchasing department must find the following:
- The right supplier to deliver at the right price to reduce the total costs for the financial function
- The right quality
- The right amount on
- The right time and at
- The right place against
- The best price.

5 - DIFFERENCE BETWEEN OWN CAPITAL AND BORROWED CAPITAL

6 - Factors to consider when deciding between equity and borrowed capital

7 - BUYING CYCLE

8 - Conclusion

9 - Business Consultant
Jason Burroughs