________ purchasing involves the purchase of goods based on immediate needs in larger marketplaces that involve many suppliers.
A) Spot
B) Indirect
C) Vertical
D) Bulk

Question

Quizplus · Accepted Answer

Spot purchasing involves purchasing goods based on immediate needs in larger marketplaces, such as commodity markets, that involve many suppliers. This type of purchasing is generally done for items that are readily available and for which prices are determined by supply and demand in the marketplace.

________ Purchasing Involves the Purchase of Goods Based on Immediate