There Is No Difference Between an Idea and an Opportunity

question 57

True/False

There is no difference between an idea and an opportunity.

---

Definitions:

Lifecycle Costs

The total cost of owning or operating a product, system, or facility over its entire life, including acquisition, operating, and disposal costs.

Purchase/Acquisition Cost

The total expense incurred in obtaining a good or service, including the purchase price and associated costs.

E-procurement

The use of electronic methods, typically through internet-based applications, to conduct transactions and purchase goods and services.

Procuring Supplies

The process of obtaining materials, goods, and services needed for operations, production, or resale.