Moving into E-Procurement Has Many Benefits

question 45

Multiple Choice

Moving into e-procurement has many benefits. Which of the following is a benefit directly related to e-procurement?

• A) Aggregating purchasing across multiple departments gains larger volume discounts.
• B) changing the purchasing strategy and structure
• C) A larger purchasing staff is required.
• D) more buying of substandard goods from outside the approved list of suppliers
• E) Purchasing gains a significant leverage with top management.

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Definitions:

Millivolts

A unit of electric potential equal to one thousandth of a volt, often used in measuring small voltages.

Absolute Refractory Period

A period immediately following the transmission of an impulse in nerve or muscle in which a neuron or muscle is not responsive to further stimulation.

Neural Impulse

An electrical signal that travels along a neuron's axon, transmitting information throughout the nervous system.

Milliseconds

A unit of time equal to one thousandth of a second, often used to measure very short durations, especially in scientific contexts.