The acquisition / payment process:
A)Helps an organization create value for its stakeholders.
B)Can only be applied if an organization sells a product.
C)Both A and B.
D)Neither A nor B.

Question

Quizplus · Accepted Answer

The acquisition/payment process can help an organization create value for its stakeholders by ensuring that goods and services are purchased efficiently, reducing costs, and improving profitability. It is not limited only to organizations that sell products, as any organization that purchases goods or services can benefit from an effective acquisition/payment process.

The Acquisition / Payment Process