Benefits of E-Procurement Include All of the Following Except

question 120

Multiple Choice

Benefits of e-procurement include all of the following except

• A) lower prices.
• B) faster delivery.
• C) fewer transactions.
• D) reduced labour.

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Definitions:

Status Symbols

Items or actions that serve to signify a person's social position, wealth, or prestige.

Management By Objectives

A management strategy model designed to enhance an organization's performance by establishing clear goals mutually agreed upon by both the management and the employees.

Ability Of Rewards

The potential of rewards to influence the motivation and behavior of individuals, based on their perceived value and appropriateness.

Learned Competencies

Skills and knowledge acquired through training and experience that contribute to a person's ability to perform certain tasks effectively.