The electronic acquisition of goods and services for organizations via the Internet or private network best defines

Question

Quizplus · Accepted Answer

E-procurement, also known as electronic procurement, is the process of purchasing goods and services online using the Internet or private networks. It enables organizations to streamline their procurement process, reduce costs, and improve efficiency. Spot buying refers to the purchase of goods or services for immediate need, resource acquisition is a vague term that can refer to various types of acquisition of assets or resources, and MRO (maintenance, repair, and operations) planning is a specific type of procurement related to the maintenance and repair of facilities and equipment.

The Electronic Acquisition of Goods and Services for Organizations Via