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How purchasing agents handle personal risk
Institution:1. Faulty of Computer Studies, Arab Open University Bahrain, Bahrain;2. King Khalid University, Kingdom of Saudi Arabia;3. Cybersecurity & Systems Unit, Islamic Science Institute, Universiti Sains Islam Malaysia, Malaysia;4. IBA Sukkur University, Pakistan
Abstract:Purchasing agents are confronted with a myriad of stresses in their work. One of the most important stress factors faced is the perceived risk associated with making buying decisions. This article examines the concept of perceived risk from an organizational procurement perspective and presents the results of a study on percieved personal risk, experienced by industrial purchasing executives. The business implications of these findings are then discussed.
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