Procurement Can Be Defined as the Process of Managing Operations

question 115

True/False

Procurement can be defined as the process of managing operations control,resource acquisition and purchasing,and inventory so as to improve overall efficiency and effectiveness.

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Definitions:

Continuum

Refers to a continuous sequence in which adjacent elements are not perceptibly different from each other, although the extremes are quite distinct.

Rehearse

The act of practicing or preparing for a performance or event by repeating actions or reviewing content.

Carry Out

To execute a plan or perform a task.

Stepparent Household

A family structure where at least one parent is a stepparent to one or more of the children living in the household.