Five Out of Every Ten Organizations Surveyed Have Been Through

question 39

True/False

Five out of every ten organizations surveyed have been through a disaster.

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Definitions:

Straight Rebuy

A purchasing situation in which a company reorders an existing product or service from a list of acceptable suppliers without modifications.

Modified Rebuy

A buying situation in which an organization makes some changes to the specifications, prices, terms, or suppliers when repurchasing a product.

Online Auction

A digital platform where goods or services are sold through bidding, allowing users to submit competitive bids until the auction time expires.

Independent E-marketplaces

Online platforms that connect buyers and sellers from various industries, allowing them to conduct transactions without traditional intermediaries.