In _____, direct and indirect materials in one industry are purchased on an as-needed basis.
A) horizontal exchanges
B) vertical exchanges
C) buy-side marketplaces
D) functional exchanges
E) sell-side marketplaces

Question

Quizplus · Accepted Answer

Vertical exchanges involve the buying and selling of goods and services between companies in the same industry. Direct and indirect materials are often purchased on an as-needed basis in these types of exchanges.

In _____, Direct and Indirect Materials in One Industry Are