Question: In procurement, spend under management is defined as: Multiple Choice A macro - measure of the total cost of procurement. Amount of cost avoidance. Engaging

In procurement, "spend under management" is defined as:
Multiple Choice
A macro-measure of the total cost of procurement.
Amount of cost avoidance.
Engaging in forward buying in order to obtain items at a lower cost.
Globalization in developing economies represents opportunities for?
A. hedging
B. cost savings and new markets
C. countertrade
D. different productivity levels
In procurement, "spend under management" is defined as: Multiple Choice A

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