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Home Q & A Board Other Fields Homework Help Business Accounting
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barry barry
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Posts: 11630
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9 years ago
A major cost in the purchasing function is the number of purchase orders processed. One technique that may reduce purchasing-related expenses is to have suppliers compete with each other to meet demand at the lowest price. This name of this technique is
A) an EDI auction.
B) a trading exchange.
C) a reverse auction.
D) a supplier consortium.
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newstartnewstart
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9 years ago
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