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The Principal Business Objectives of the Purchasing Process Are Acquiring

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The principal business objectives of the purchasing process are acquiring goods and services and paying for those goods and services.


Definitions:

Collective Action

The collective effort made by a group aiming to improve their position and accomplish a shared goal.

Faculty Association

An organization representing the professional and labor interests of faculty members in colleges and universities.

Pensions

A fixed sum paid regularly to a person following retirement from service, typically funded during the individual's working life.

Canada

A country in North America known for its vast landscapes, multicultural population, and as a member of the Commonwealth with a parliamentary democracy.

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