The Main Objective of ____ Is to Prevent Purchases from Suppliers

question 30

Multiple Choice

The main objective of ____ is to prevent purchases from suppliers that are not on the approved list of sellers and eliminate the processing costs of purchases.

• A)horizontal markets
• B)e-procurement
• C)third-party exchange marketplaces
• D)trading partner agreements

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Definitions:

Reconceptualize

The process of redefining or reassessing an existing concept or idea, often in light of new evidence or perspectives.

Carrying Out

The act of executing or implementing a plan, decision, or instruction.

Action Identification Theory

The theory that explains how people conceive of action—their own or others’—in ways that range from very concrete to very abstract.

Concrete Descriptions

Detailed and specific account of objects, events, or situations, often allowing for more tangible understanding and communication.