The practice of buying materials in a quantity exceeding current requirements, but NOT beyond actual foreseeable requirements is called:
A. Speculative Buying.
B. Forward Buying.
C. Hedging.
D. Tender Buying.
Answer:B
The practice of buying materials in a quantity exceeding current requirements, but NOT beyond actual foreseeable requirements is called:
A. Speculative Buying. B. Forward Buying. C. Hedging. D. Tender Buying.