Outsourcing followed by __________ is not simple.

In the risk management strategy known as risk ________, you offload the risk to a third party.

A(n) _____ is a marketplace formed by several large buyers in a particular industry.

Cost of materials in addition to the cost of labor output to create a product is known as the cost of goods sold.

_____ is the coordination of all purchasing activities for the entire plant through one central location.

The buying staff negotiates and processes purchase orders, providing assistance to end users are known as _____.