Multiple Choice
In procurement, "spend under management" is defined as:
A) A macro-measure of the total cost of procurement.
B) Amount of cost avoidance.
C) Engaging in forward buying in order to obtain items at a lower cost.
D) Greater efficiencies in the various aspects of purchasing and procurement.
E) Total amount of spend that is influenced by procurement.
Correct Answer:
Verified
Correct Answer:
Verified
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