Question

A large auto auction company has personnel that specializes in sourcing. Once car suppliers are found and evaluated, another group of employees purchases the cars to sell at the auction. Which of the following is known as a component of a supply chain during the purchasing process?

a. demand
b. planning
c. sourcing

Answer 1

procurement

Step-by-step explanation:

Procurement is the process of obtaining the goods or services for the business motive. It is to be associated at the time when the company required to solicited the services or purchased the goods on the wider scale

So as per the given situation, the procurement is the component of the supply chain that could be considered for the purchasing process

So this is the answer but the same is not provided in the given options