Examlex
Culture is a complex whole that includes knowledge, belief, art, law, morals, custom, and other capabilities and habits acquired by members of their society.
Centralization
The organizational structure decision to concentrate decision-making authority and control at higher levels of management.
Supply Policies
Guidelines and rules set by an organization to govern its procurement activities and relationships with suppliers.
Purchasing Consortia
Groups of businesses that come together to aggregate their purchasing volume in order to negotiate better prices and terms from suppliers.
Confidentiality
The requirement to keep certain information private, not disclosing it to unauthorized individuals or parties.
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