What Are Alternative Names for the Purchasing Process

question 45

Multiple Choice

What are alternative names for the purchasing process?

• A) Expenditure, receiving, procurement
• B) Receiving, expenditure, acquisition
• C) Ordering, receiving, procurement
• D) Expenditure, procurement, acquisition

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Definitions:

Unionization Efforts

Initiatives and campaigns aimed at forming or joining labor unions in order to secure better wages, working conditions, and benefits for workers.

Union Shop Agreements

Contracts requiring all employees of a business to join the union within a certain period of starting employment and to maintain membership as a condition of employment.

Wagner Act

Also known as the National Labor Relations Act of 1935, this law established the rights of employees to form unions, engage in collective bargaining, and participate in strikes and other concerted activities.

Unfair Labor Practices

Actions by employers or unions that violate workers' rights or the laws governing labor relations.