Knowledge quiz

It’s time to put what you’ve learned to the test, get 3 questions right to pass this unit.

Choose the correct answer.

It increases the number of trading partners without improving process efficiency.

It focuses solely on financial operations with no impact on supply chain processes.

It enhances visibility, operational efficiency, and compliance, helping to build stronger supply chains.

It limits collaboration to only internal organizational departments.

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It prevents real-time collaboration between buyers and suppliers.

It automates procurement and supply chain transactions, enhancing efficiency and accuracy.

It relies solely on manual processes for procurement.

It limits transparency and visibility into order statuses and payments.

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It limits the pool of potential suppliers to a single industry.

It connects buyers with potential suppliers, enabling efficient supplier discovery and collaboration.

It only allows suppliers to post product details without buyer engagement.

It restricts buyers from creating RFQs on the platform.

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It requires separate platforms for each business process.

It only focuses on procurement and does not support other business areas.

It does not allow customization to meet unique business requirements.

It offers a unified platform for collaboration across various processes, eliminating the need for different approaches.