The Purchase of Indirect Materials on an As-Needed Basis Is

question 54

Multiple Choice

The purchase of indirect materials on an as-needed basis is referred to as __________ sourcing.

• A)horizontal
• B)vertical
• C)spot
• D)systematic

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Definitions:

Federal Trade Commission

A U.S. federal agency responsible for protecting consumers and promoting competition by preventing anticompetitive, deceptive, and unfair business practices.

Private Company

A business owned by private individuals or corporations with restrictions on the transfer of shares and not publicly traded.

Privacy And Data Practices

Policies and procedures that govern the collection, use, and protection of personal information.

First Amendment

A provision in the United States Constitution that prohibits the government from interfering with freedom of religion, speech, assembly, and the press.