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An organization purchases materials beyond current and anticipated requirements in expectation of a price increase...

An organization purchases materials beyond current and anticipated requirements in expectation of a price increase or shortage, in the hope that it will profit from the sale of the materials at a later date. This describes which of the following buying strategies?

A.

Consignment

B.

Forward

C.

Speculative

D.

Spot

ISM INTE Summary

  • Vendor: ISM
  • Product: INTE
  • Update on: Jul 21, 2025
  • Questions: 167
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