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Home > QFINANCE Dictionary > Definition of buying department

Definition of

buying department

Operations & Production

department of firm responsible for purchasing the department in a company that buys raw materials or goods for use in the company.

Related definitions of "buying department"

buying department - Related Articles
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    IFRS decrees that the principal users of financial statements are the suppliers of capital, and that all other users will have the same needs. So annual accounts are designed with the sole purpose of giving suppliers of capital the information they need to decide whether or not to buy or sell a
    By Richard Murphy

  • Reducing Costs and Improving Efficiency with New Management Information Systems

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    He then turned to the head of the information technology department to ask about the data available about current students, alumni, and their parents; subscribers to the various programs that the school offered, such as operas, jazz events, and instrumental performances; and past donors to the school
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  • The Changing Role and Regulation of Equity Research

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  • Increasing the Profitability of Small and Medium Enterprises—A Practical Guide

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    might want to use their products. The answers—from local sportsmen to department store shoppers to fly-fishing enthusiasts buying equipment online—have helped the business to serve an ever widening array of customers.
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Definitions of ’buying department’ and meaning of ’buying department’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’buying department’ and other financial terms with our online QFINANCE Financial Dictionary.

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