Identify The Major Stages Of The Purchasing Process

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The audit process is divided into four stages which are Planning Preliminary Review , Fieldwork, Audit Report, and Follow-up Review..Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes .You need to understand the consumer buying process to effectively market a product. In this lesson, you will learn about the process and its stages..Decision making is the process of making choices by identifying a decision, gathering information, andessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives..

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