A _____ transaction is when you buy something at market price determined by supply and demand from someone you do not know.
A) Strategic sourcing
B) Spot buying
C) Impulse buying
D) Outsourcing
E) None of the above

Question

Quizplus · Accepted Answer

Spot buying refers to the purchase of goods or services at their current market price, typically from an unknown seller, based on the immediate need and prevailing supply and demand conditions.

A _____ Transaction Is When You Buy Something at Market