Which of the following was most likely being used when Boeing received orders for $100 million in spare parts in the first year its Web site was in operation?

Question

Quizplus · Accepted Answer

E-procurement involves the use of technology, such as a website, to facilitate the purchasing process. Given that Boeing received orders for spare parts through its website, it is likely that they were using e-procurement to facilitate these sales. Blanket contracting involves a long-term agreement between a buyer and supplier, which does not necessarily involve the use of technology. Single sourcing involves purchasing from a single supplier, which is unlikely to result in $100 million in orders in the first year of a new website. An intranet is an internal network, not a public-facing website for customers to place orders. A reverse auction site is a platform for suppliers to bid on contracts, not necessarily for customers to purchase spare parts.

Which of the Following Was Most Likely Being Used When