Overview and Structure of the Government; Governor General; The Executive Branch; The Legislative Branch; The Judiciary; Table of Precedence for The Commonwealth of The Bahamas; Central Government; Local Government; Business and Finance. Banking in the Bahamas; Ministry of Finance; Key Business Links; Operating a Business in The Bahamas; Bahamas Investment Authority (BIA) Bahamas Agriculture and Industrial Corporation (BAIC) Compliance Commission; Financial Intelligence Unit
Definition: Buying Motive. Buying motive is the motive to persuade the desires of people so that they buy a particular good or service. Buying motive relates to the feelings and emotions of people which generates a desire to purchase.
There are three definitions to aid understanding of some of the similarities, differences, and linkages between purchasing, procurement, and strategic sourcing. Define them, and discuss the differences between the three. Purchasing, procurement, and strategic sourcing are receiving considerable attention as organizations try to improve the overall efficiency and effectiveness of their supply chains. â¢ Purchasing: The transactional function of buying products and services.