Which term refers to all of the activities involved in buying or acquiring the materials used by the organization, such as raw materials needed to make products

Respuesta :

Answer:

B. Procurement planning

Explanation:

A procurement planing helps you define, determine and plan the quantity of products and services (especially raw materials ) that the business will obtain from external suppliers.
It helps to coordinate the activities involves in buying the materials that the organisation will use in manufacturing a new product. A procurement plan helps to identify the needs and requirement and also helps to determine the time frame for their purchase so as to meet the needs at the appropriate time