CORRECT answer is A and B onlyThe third sentence of the passage says - " Business-to-business e-procurement yields many benefits."Following this, each subsequent sentence in the first paragraph of the passage mentions benefits of e-procurement in the following order:shaves transaction costs and results in more EFFICIENT purchasingreduces the TIME between order and deliveryeliminates the PAPERWORK associated with TRADITIONAL requisition and ordering procedureshelps an organization keep better track of all purchases frees purchasing people from a lot of drudgery and paperwork frees them to focus on more strategic issuesAmong the above benefits, only options A and B are present (boldened)Thus the benefits of e-procurement are: Cost reduction and Quick delivery

"> CORRECT answer is A and B onlyThe third sentence of the passage says - " Business-to-business e-procurement yields many benefits."Following this, each subsequent sentence in the first paragraph of the passage mentions benefits of e-procurement in the following order:shaves transaction costs and results in more EFFICIENT purchasingreduces the TIME between order and deliveryeliminates the PAPERWORK associated with TRADITIONAL requisition and ordering procedureshelps an organization keep better track of all purchases frees purchasing people from a lot of drudgery and paperwork frees them to focus on more strategic issuesAmong the above benefits, only options A and B are present (boldened)Thus the benefits of e-procurement are: Cost reduction and Quick delivery

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The benefits of e-procurement areA. Cost reductionB. Quick deliveryC. Longer time for strategic procurementD. Empathetic purchaseChoose the correct answer from the options given below:

General Knowledge General Awareness in General Knowledge 9 months ago

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The CORRECT answer is A and B onlyThe third sentence of the passage says - " Business-to-business e-procurement yields many benefits."Following this, each subsequent sentence in the first paragraph of the passage mentions benefits of e-procurement in the following order:shaves transaction costs and results in more EFFICIENT purchasingreduces the TIME between order and deliveryeliminates the PAPERWORK associated with TRADITIONAL requisition and ordering procedureshelps an organization keep better track of all purchases frees purchasing people from a lot of drudgery and paperwork frees them to focus on more strategic issuesAmong the above benefits, only options A and B are present (boldened)Thus the benefits of e-procurement are: Cost reduction and Quick delivery

Posted on 23 Nov 2024, this text provides information on General Knowledge related to General Awareness in General Knowledge. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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