Abstract
Previous literature has often used the terms procurement and purchasing interchangeably (Caldwell & Bakker, 2008). However, in the present work, we employ more practice-oriented definitions: Procurement refers to acquisitions within the public sector, whereas purchasing applies to the private sector. Prior studies have typically followed the same approach by denoting purchasing as the process of acquisition in the private sector and procurement as a term for government acquisitions (Arlbjorn & Freytag, 2012).
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