A large auto auction company has personnel that specializes in sourcing. Once car suppliers are found and evaluated, another group of employees purchases the cars to sell at the auction. Which of the following is known as a component of a supply chain during the purchasing process? a. demand
b. planning
c. sourcing

procurement

Explanation:

Procurement is the process of obtaining the goods or services for the business motive. It is to be associated at the time when the company required to solicited the services or purchased the goods on the wider scale

So as per the given situation, the procurement is the component of the supply chain that could be considered for the purchasing process

So this is the answer but the same is not provided in the given options

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; (c) communism and socialism;