The Degree of Purchasing Centralization Is Reflected By

question 2

Multiple Choice

The degree of purchasing centralization is reflected by:

• A)the size of the purchasing organization.
• B)the number of supply professionals dispersed throughout the organization.
• C)the percentage of spend managed or controlled by business units.
• D)the percentage of spend managed or controlled by corporate supply.
• E)the amount of spend that is outsourced.

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Definitions:

Positive Externalities

Benefits experienced by third parties or the society at large as a result of an economic activity, without them directly paying for it.

Economic Activity

Actions that involve the production, distribution, and consumption of goods and services within an economy.

Government Enforcement

Refers to the actions and measures taken by government authorities to ensure compliance with laws, regulations, and policies.

Private-Sector Coercion

The exertion of pressure or compulsion on individuals or entities by private organizations or businesses, rather than by governments.