In organizations, the buying function involves gathering and screening information about products and services, prices, and suppliers, which are known as

Vendors

Explanation:

Vendor is a common word to describe a person or organization that is given the duty to procure, buy, or deliver products or commodities and services usually at wholesale rates based on agreements. An organization may however have its internal vendor.

In this case, the buying function in a firm including gathering and screening information about products and services, prices, and suppliers, are known as VENDORS

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