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Exam #2: BUAD 331 Question And Answers
Sourcing & purchasing - CORRECT ANSWER-tend to connote the more tactical 
aspects of the field 
1. identifying he requirements 
2. locations 
3. identity of specific companies and providers - CORRECT ANSWER-Sourcing 
includes processes involved in...that may be used for inputs required to create value. 
Purchasing - CORRECT ANSWER-The process used to actually make a buy from a 
source 
Commodity - CORRECT ANSWER-The inputs (materials, sub-assembled components, 
equipment, and services)...