________ Purchasing Involves the Purchase of Goods Based on Immediate

question 12

Multiple Choice

________ purchasing involves the purchase of goods based on immediate needs in larger marketplaces that involve many suppliers.

• A) Spot
• B) Indirect
• C) Vertical
• D) Bulk

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Definitions:

Dominant Stakeholders

Key individuals or groups who have a significant influence or control over an organization's strategies and outcomes.

Sense of Urgency

A feeling of importance or necessity to act quickly or accomplish tasks in a timely manner.

Dormant Stakeholders

Individuals or entities that currently have no active engagement or significant influence in a project or company but may have an interest or become influential in the future.

Discretionary Stakeholders

Individuals or groups whose involvement with the project or business is optional and based on their decision or interest.