A Purchasing Consortium

question 19

Multiple Choice

A purchasing consortium:

• A)is a form of collaborative purchasing used only by the public sector to deliver a wider range of services at a lower total cost.
• B)speeds up the purchasing process,but does not usually result in price concessions from suppliers.
• C)results in price concessions from suppliers,but usually does not speed up the purchasing process.
• D)consists of two or more independent organizations that combine requirements for materials,services,and capital goods to gain better pricing,service,and technology.
• E)consists of two or more divisions of the same organization that combine requirements for materials,services,and capital goods to gain better pricing,service,and technology.

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Definitions:

Membrane Potential

The voltage across a cell's plasma membrane, representing a difference in electrical charge inside and outside the cell.

Afterpotential

The transient change in membrane potential that occurs following a nerve impulse, affecting neuron excitability.

Depolarization

The process by which a cell's membrane potential becomes less negative, leading to an action potential in nerve and muscle cells.

Repolarization

The process by which a cell's membrane returns to its resting potential after depolarization.