The term e-procurement:
A) refers to having software programs and databases located on an outsourced site.
B) involves purchasing of supplies through the Internet and timing of invoices to customers and from suppliers to improve the cash flow of a firm.
C) refers to a private network within a business that is used for information sharing, processing, and communication.
D) involves a Web page that can be viewed and modified by anybody with a web browser and access to the Internet unless it is password protected.
E) refers to the part of an intranet that is made available to business partners, vendors, or others outside a company.

Question

Quizplus · Accepted Answer

E-procurement specifically refers to purchasing supplies through the Internet, and the timing of invoices to improve cash flow is also a common e-procurement practice. The other options (A, C, D, E) refer to different concepts such as outsourcing software programs, private networks within a business, web pages, and parts of intranets made available to others.

The Term E-Procurement