What Term Do We Use for a Company Arranging Payments

question 154

Multiple Choice

What term do we use for a company arranging payments to suppliers and distributors to provide needed services and materials in order to perform those processes the organization does not perform itself?

• A) backward integration
• B) forward integration
• C) outsourcing
• D) system design

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Definitions:

Worksheet Formulas

Predetermined calculations in spreadsheet software such as Excel, which manipulate data and display results based on input values.

Format Cells

The process of changing the appearance or data type of cells in a spreadsheet.

Order of Operations

The rules that determine the sequence in which operations are performed in mathematical expressions, often remembered as PEMDAS (Parentheses, Exponents, Multiplication and Division, and Addition and Subtraction).

MAX Function

A formula used in spreadsheet programs to find the largest number in a set of values.