Which of the Following Is Not a Stage of Development

question 35

Multiple Choice

Which of the following is not a stage of development in the purchasing and supply model? 

• A) Transaction orientation. 
• B) Commercial orientation. 
• C) Business values, integrity and ethics development. 
• D) Value chain integration.

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Definitions:

Unusual In Nature

An occurrence or characteristic that is not common or ordinary, often requiring special consideration or treatment.

Infrequent Occurrence

Events or transactions that are not expected to happen regularly or often within the normal course of business.

Accounting Principle

Fundamental guidelines or rules that govern the accounting process, ensuring that financial statements are accurate, reliable, and consistent.

Accounting Estimate

An approximation of a financial statement element, item, or account in the absence of exact data.