The __________ has transformed the purchasing function in recent years by helping firms find the best suppliers and the best prices.
A)PERT
B)Internet
C)CAD/CAM
D)QFD

Question

Quizplus · Accepted Answer

The Internet has transformed the purchasing function by providing access to a vast network of suppliers and resources. Firms now have the ability to research and compare prices, negotiate contracts, and purchase goods and services online, making the purchasing process more efficient and cost-effective. PERT is a project management tool, CAD/CAM is a computer-aided design/manufacturing technology, and QFD is a quality management methodology, none of which directly relate to the purchasing function's transformation.

The __________ Has Transformed the Purchasing Function in Recent Years