Podcast
Questions and Answers
What does the responsibility of purchasing depend on?
What does the responsibility of purchasing depend on?
What is the first step in the control process and purchasing?
What is the first step in the control process and purchasing?
What is the second step in the control process and purchasing?
What is the second step in the control process and purchasing?
What is the third step in the control process and purchasing?
What is the third step in the control process and purchasing?
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Who can the responsibility of purchasing be delegated to?
Who can the responsibility of purchasing be delegated to?
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Study Notes
Control Process and Purchasing
- The responsibility of purchasing depends on the size and complexity of the organization, as well as the nature of the goods or services being purchased.
- The first step in the control process and purchasing is setting standards, which involves establishing specifications for the goods or services to be purchased.
- The second step in the control process and purchasing is measuring performance, which involves tracking and evaluating the quality and timeliness of the goods or services received.
- The third step in the control process and purchasing is taking corrective action, which involves identifying and addressing any deviations from the established standards.
- The responsibility of purchasing can be delegated to a purchasing agent, a procurement officer, or a manager in a larger organization, depending on the size and complexity of the organization.
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Description
Test your knowledge of food and beverage cost control with this quiz focusing on concepts such as cost, sales, food purchasing, and receiving control. Evaluate your understanding of key responsibilities in food purchasing and explore the organizational structures and policies that influence purchasing decisions.
