A _____ Is Defined as a Purchase That Is Made

question 70

Multiple Choice

A _____ is defined as a purchase that is made on a nonrecurring or limited basis with little or no intention of developing an ongoing relationship with the supplier.

• A)purchasing alliance
• B)long-term contract
• C)short-term contract
• D)spot contract
• E)JIT contract

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Definitions:

Personal Growth

The process of improving oneself intellectually, emotionally, or spiritually.

Evaluating Training

The process of assessing the effectiveness and impact of training programs provided to employees, typically involving measurements of knowledge acquisition, skill improvement, and behavioral change.

Onboarding

Ongoing process that aims to prepare new employees for full participation in the organization.

Apprenticeship

An approach to educate up-and-coming professionals in a certain field by providing them with hands-on training on the job, along with additional academic learning.