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:

Savings Plan

A strategy designed to help individuals allocate a portion of their income for future use, typically involving deposit accounts or investments.

Semi-Annual Deposits

Deposits made twice a year into a financial account or investment vehicle.

Compounded Quarterly

Refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on a quarterly basis.

Compounded Semi-Annually

Interest that is computed and added to the principal twice a year, allowing the investment to grow more rapidly.