The Purchasing Function of Operations Management Seldom Uses the Internet

question 20

True/False

The purchasing function of operations management seldom uses the Internet to make purchasing decisions.

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Definitions:

Contractual Right

A legally enforceable claim that arises out of a contract, allowing a party to demand performance or compensation if the contract terms are not met by the other party.

Voiding

The act of declaring something null and void, thereby removing its legal force or effect.

Breaches

Acts of breaking or failing to observe laws, agreements, or codes of conduct.

Contract

A contract is a legally binding agreement between two or more parties that outlines rights and duties each party has agreed to.