_____ Portals Automate the Business Processes Involved in Purchasing Products

question 35

Multiple Choice

_____ portals automate the business processes involved in purchasing products between a single buyer and multiple suppliers.

• A) Distribution
• B) Corporate
• C) Affiliate
• D) Intranet
• E) Procurement

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Definitions:

Standard Normal

A normal distribution with a mean of zero and a standard deviation of one, used as a basis for comparison with other normal distributions.

Random Variable

A variable that takes on different values randomly, each with a particular probability associated with it.

Standard Deviations

Measures of dispersion that indicate how spread out the values in a data set are around the mean.

Normal Distribution

A symmetric bell-shaped distribution that is widely used in statistics to represent the real-valued random variables with unknown distributions.