RSTO 1325 Lecture 1: RSTO chapter 1
Document Summary
Selection can be defined as choosing from amoung various alternatives on a number of different levels, procurement can be defined an orderlu, systematic exchange between a seller and a buyer. They oversee the other related purchasing activities such as receiving seliveries and paying the bills. Large operations are different in which they require a full time buyer. This buyer purchases for various departments of the operation. A hotel alernaely has a designated employee from each department that may be doing the purchasing, and executive steward to order supplies and to supervise the sanitation crew.