Increased Efficiency in the Purchasing Function from E-Business Includes

question 4

Multiple Choice

Increased efficiency in the purchasing function from e-Business includes

• A)the seller soliciting pricing
• B)automatic price checking by the computer
• C)decreased electronic based business events
• D)none of the above

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Definitions:

Eurodollar Market

An international financial market for US dollar-denominated deposits held in banks outside the United States, important for facilitating international liquidity.

Temporarily Depressed

Refers to an economic condition or market situation where prices or values have declined but are expected to recover in the short term.

Economically Unstable

A condition where an economy experiences frequent and significant disturbances, often due to inflation, unemployment, or political instability.

Exchange Rate

The value of one currency for the purpose of conversion to another, indicating how much of one currency can be exchanged for another currency.