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Terms in this set (920)
QN=151 A company-based acquisition site that uses e-procurement methods such as reverse auctions, negotiations, or group purchasing, to overcome the manual searching of e-stores and e-malls is referred to as a(n):
a. desktop procurement method
b. buy-side e-marketplace
c. intermediary
d. aggregated catalog
QN=152 Benefits of e-procurement over traditional procurement methods include all of the following EXCEPT:
a. Increasing the productivity of purchasing agents.
b. Lowering purchase prices through product standardization, reverse auctions, volume discounts, and consolidation of purchases.
c. Increasing the skill requirements and training needs of purchasing agents.
d. Streamlining invoice reconciliation and dispute resolution.