As on 31st March 2023, GeM has recorded a staggering ₹ 2 lakh crore of Gross Merchandise Value (GMV) in FY 2022-23. Cumulatively, GeM has surpassed the ₹ 3.9 lakh crore GMV since inception, with the overwhelming support of its stakeholders. The total number of transactions on GeM has also crossed 1.47 crore. GeM is catering to the diverse procurement needs of over 67,000 government buyer organisations. The portal features over 11,700 product categories with more than 32 lakh listed products, as well as over 280 service categories with more than 2.8 lakh service offerings. Based on various studies, the minimum savings on the platform are about 10%, which translates into a savings of ₹ 40,000 crore worth of public money.
Brokers are independent firms or individuals whose principal function is to:
Assuming influencing factors are reasonably stable, which of the following forecasting techniques would be the most accurate for estimating the number o...
Which of the following is not considered one of the five major environmental factors in marketing?
One dimension of the retail positioning matrix is value added, and the other is:
While both traditional media and social media can reach either a large audience or a niche audience, social media are different from traditional media b...
Which of the following statements about e-commerce is true?
In a situation where coffee bean prices doubled, resulting in the price of coffee doubling as well, consumers may switch to tea, where the prices remain...
Consumer-oriented sales promotions are:
A trucking company is shipping goods from a manufacturer in Nepal up to Delhi,India. When the truck reaches the border, a(n) _____________ helps the tru...
Every Saturday morning you like driving out to the apple orchard and purchasing right from the farmer. This purchasing form is considered:
