A(n) _____ Type of E-Procurement That Sends Requests for Information

question 43

Short Answer

 A(n) _____ type of e-procurement that sends requests for information and prices to suppliers and receives the response of suppliers using Internet technology.

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Definitions:

TQM Program

"Total Quality Management" program; an organization-wide effort to infuse quality into every activity through continuous improvement.

Centralized Decision-Making

A decision-making approach where major decisions are made by a small group or single entity within the organization, often at the top level.

Continuous Improvement

A sustained effort to refine products, services, or processes with gradual and radical enhancements.

PDCA

An iterative four-step management method used in business for the control and continuous improvement of processes and products. It stands for Plan-Do-Check-Act.