What Is E-Procurement

question 166

Multiple Choice

What is e-procurement?

• A) The B2B purchase and sale of supplies and services over the Internet
• B) Involves buying through prenegotiated contracts with qualified suppliers
• C) Buying commodity-like products which is transaction-oriented, and rarely involves a long-term or ongoing relationship between buyers and sellers
• D) None of these

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Definitions:

Healthy Spirituality

The practice of maintaining a positive and meaningful connection to a higher purpose, which contributes to an individual’s overall well-being.

Spiritual Reading

The practice of reading texts that pertain to spirituality, faith, and moral guidance to deepen one’s spiritual life.

Nonfinancial Resources

Contributions to an entity's value that do not involve money, including intellectual property and human capital.

Job Title

The name given to a particular position or role within an organization, indicating the nature of the job and the level of responsibility.