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Generally, the bigger the purchase, the more time we should devote to the purchasing decision. a)...

Generally, the bigger the purchase, the more time we should devote to the purchasing decision.

a) True
b) False

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Answer #1

When the bigger the purchase, the more time we should be devoted to the purchasing decisions because it would be helping in making a better decisions and since the risk of loss is also higher the decision making should be appropriate and only made after consideration of various factors and risk exposure related to the project so when there is a higher investment involved with purchasing decision, then there should be more time devoted to it.

Given statement is TRUE

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