Which of the Following Is True with Regard to E-Procurement

question 60

Multiple Choice

Which of the following is true with regard to e-procurement?

• A) E-procurement has significantly declined in recent years.
• B) Typically, business marketers do not favor e-procurement as it offers them little benefit.
• C) E-procurement has been widely practiced since the 1950s.
• D) E-procurement adds to existing inefficiencies in the supply chain.
• E) E-procurement hastens order processing and delivery.

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Definitions:

Mental Set

A framework or mindset that shapes how an individual approaches problems, often based on past experiences and can sometimes hinder problem-solving.

Relationship Strategy

Approaches and techniques used to develop, maintain, or improve interpersonal relationships.

Girlfriend

A term used to describe a female partner in a romantic or sexual relationship.

Cognitive Dissonance

A psychological phenomenon where an individual experiences discomfort due to holding conflicting beliefs, attitudes, or values, often leading to changes in one of them to reduce the dissonance.