Choose the correct option. Identify the buying situation in which a purchase department reorders office supplies, bulk chemicals, etc. on a routine basis, or a buyer chooses from suppliers on an "approved list."See answer

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Choose the correct option Identify the buying situation in which a purchase department reorders office supplies bulk chemicals etc on a routine basis or a buyer chooses from suppliers on an approved…

Question

Choose the correct option. Identify the buying situation in which a purchase department reorders office supplies, bulk chemicals, etc. on a routine basis, or a buyer chooses from suppliers on an “approved list.”

Basic Answer

Correct Answer:

Straight rebuy

Analyzing the Answer：

A straight rebuy is a routine repurchase of the same goods or services from the same supplier. The purchase department is familiar with the product and the supplier, making the buying process simple and efficient. This perfectly describes the scenario of reordering office supplies or bulk chemicals from an approved list.

Analysis of other options：

[Other options are not provided, therefore, a comparison cannot be made. To provide a complete analysis, please provide the other options in the multiple choice question.]