It Can Be Said That the Buying Power Enjoyed by Customers

question 140

True/False

It can be said that the buying power enjoyed by customers has increased with Internet presence as the Internet provides detailed information that is not easily available elsewhere.

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Definitions:

Procurement Department

The division within an organization responsible for acquiring goods and services necessary for its operations.

Boost Efficiency

Increase the effectiveness or productivity of a process or operation with the same amount of input.

Raw Materials Inventory

Stock of basic materials that are used in the production process of goods and are yet to be processed or transformed into final products.