The Aggregation of Suppliers' Catalogs on the Buyer's Server to Make

question 35

Multiple Choice

The aggregation of suppliers' catalogs on the buyer's server to make it easier to centralize and control all procurement is called a(n) :

• A)bartering exchange.
• B)buy-side e-marketplace.
• C)sell-side e-marketplace.
• D)internal procurement marketplace.

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Definitions:

Yields Same Results

A phrase indicating that different methods or approaches produce identical or equivalent outcomes.

Traditional Recruitment

Traditional recruitment refers to the conventional methods of sourcing candidates, such as job advertisements, campus recruitment, and employment agencies, focused on filling vacancies in an organization.

'Sell' Itself

When a product, service, or idea is so appealing or well-marketed that it requires minimal effort to persuade consumers to purchase or adopt it.

Tangible Capital

Physical assets owned by a firm or individual that are used in the production of goods and services, such as machinery, buildings, and vehicles.