Typical B2B procurement systems rely on _____ that emphasize the lowest bids on a global basis.
A)promotions
B)selling
C)manufacturing
D)auctions
E)production

Question

Quizplus · Accepted Answer

Typical B2B (Business-to-Business) procurement systems often rely on auctions to emphasize the lowest bids on a global basis. This method allows businesses to solicit bids from suppliers worldwide and select the most cost-effective option.

Typical B2B Procurement Systems Rely on _____ That Emphasize the Lowest