The main objective of ____ is to prevent purchases from suppliers that are not on the approved list of sellers and eliminate the processing costs of purchases.
A)horizontal markets
B)e-procurement
C)third-party exchange marketplaces
D)trading partner agreements

Question

Quizplus · Accepted Answer

E-procurement systems allow organizations to maintain an approved list of suppliers and automate the purchasing process, preventing purchases from unauthorized suppliers and reducing processing costs. Horizontal markets, third-party exchange marketplaces, and trading partner agreements may also facilitate procurement, but they do not specifically address these objectives.

The Main Objective of ____ Is to Prevent Purchases from Suppliers