Examlex
Which business trend(s) increase the likelihood of fraud:
I- Increasing complexity of business
II- Fewer paper trails & more Oral agreements
Institutional Market
A market segment consisting of large organizations such as hospitals, schools, and government agencies that procure goods or services in substantial quantities.
Original Equipment Manufacturer
Companies that produce parts or equipment that may be marketed by another manufacturer.
Hospital
A healthcare institution providing patient treatment with specialized medical and nursing staff and medical equipment.
Straight Rebuy
A situation in business procurement where a company reorders an existing product or service from the same supplier without modifications.
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