Examlex
Which of the following is false?
Purchasing Process
A series of steps that an organization follows to identify and acquire goods or services from external sources.
Procurement
The process of obtaining goods or services, typically for business purposes, involving sourcing, negotiation, and strategic selection.
Affiliate Marketing
A marketing arrangement by which an online retailer pays a commission to an external website for traffic or sales generated from its referrals.
Commission
A fee paid to an agent or employee for transacting a piece of business or performing a service, especially a percentage of the total amount of business transacted.
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