In General,what Is the Relationship Between the Cost of Building

question 84

Multiple Choice

In general,what is the relationship between the cost of building and installing an EC system and the cost of operating and maintaining it?

• A)It costs about as much time,effort,and money to operate and maintain as to build and install a system.
• B)It costs much more to build and install an EC system than to operate and maintain it.
• C)It costs much more to operate and maintain an EC system than to build and install it.
• D)There is no general relationship between the cost of building and installing an EC system and the cost of operating and maintaining it.

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Definitions:

Purchasing Process

A series of steps undertaken by organizations to acquire goods or services from suppliers.

Recognized and Described

Acknowledged or identified and then explained or detailed in words.

Vendor/Supplier Managed

A situation in which the supplier takes responsibility for maintaining inventory levels and ordering supplies, typically based on previously agreed-upon guidelines with the purchaser.

Purchasing Cards

Specialized payment cards issued to employees to make procurement transactions more efficiently and to reduce processing costs.