A _______________ procurement marketplace unites major buyers who combine their purchasing catalogs to attract more suppliers, and thus more competition and lower prices.

Question

Quizplus · Accepted Answer

A many-to-some procurement marketplace involves multiple buyers who come together to combine their purchasing power, thereby attracting more suppliers due to the larger, consolidated demand. This setup encourages more competition among suppliers, potentially leading to lower prices for the buyers.

A _______________ Procurement Marketplace Unites Major Buyers Who Combine Their