Which of the Following Is LEAST Likely a Characteristic of Business-To-Business

question 128

Multiple Choice

Which of the following is LEAST likely a characteristic of business-to-business e-procurement?

• A) greater access to better suppliers
• B) lower purchasing costs
• C) quick order processing and delivery
• D) an increase in the derived demand
• E) less paperwork

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Definitions:

Calculate

The process of determining a numerical result or figure, typically by mathematical means.

Period

A specific timeframe for which financial statements are prepared or accounting transactions are evaluated.

Raw Materials Inventory Turnover

A ratio showing how many times a company’s raw materials inventory is used and replenished over a specific period.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a specific period, indicating efficiency in sales and inventory management.