The Planning,organizing,and Coordinating of All the Activities Relating to Purchasing

question 23

Multiple Choice

The planning,organizing,and coordinating of all the activities relating to purchasing goods and services needed to accomplish the organization's mission best defines

• A) buy-side e-marketplace.
• B) supply chain management.
• C) procurement management.
• D) customer relationship management.

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Definitions:

Profit Margin

A financial metric reflecting the percentage of revenue that remains as profit after all expenses are paid, used to assess a company's financial health and efficiency.

Price-Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings, used to gauge the relative value of a company.

Market Price Per Share

The current price at which a share of a company's stock can be bought or sold.

Net Working Capital Turnover

A ratio that measures how effectively a company utilizes its net working capital to support sales.