Examlex
When a _________ data processing strategy is followed,computers are dispersed throughout an organization.
Supply Chain Management
The oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer, aiming to reduce costs and improve efficiency.
Purchasing
The act of acquiring goods or services, often for business purposes, to fulfill the needs of an organization or individual.
Procurement
The process of obtaining goods, services, or works from an external source, often via a tendering or competitive bidding process.
Competitive Advantage
A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.
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