Asked by Dustin Politte on Jun 18, 2024
Verified
The ___ process originates when a company needs to acquire goods or services from external sources, and it concludes when the company receives and pays for them.
Acquire Goods
The process of obtaining physical or digital products through purchase, lease, or barter to support an organization's operations or inventory.
External Sources
Outside entities, data, or information that contribute to an organization's decision-making, research, or strategic planning.
- Grasp the procurement process in enterprises.
Verified Answer
CW
Learning Objectives
- Grasp the procurement process in enterprises.