Streamlining the Corporate E-Procurement Process Within the Organization's Supply Chain

question 30

Multiple Choice

Streamlining the corporate e-procurement process within the organization's supply chain helps control costs in all of the following ways except _________.

• A)reduces the number of employees needed to process purchasing
• B)reduces the procurement cycle time to order and receive items
• C)empowers suppliers to negotiate terms of service
• D)empowers an organization's staff with product information needed to make intelligent decisions when procuring items

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Definitions:

Employed Category

Refers to the classification of individuals in the labor market who are currently holding a job or are employed.

Paid Employees

Individuals who perform work or services for a company or an individual in exchange for compensation, typically in the form of wages or salaries.

Own Business

The act of establishing, owning, and managing a company or commercial enterprise.

Unpaid Workers

Individuals who work without receiving monetary compensation, often contributing to family businesses or performing household tasks.