ProcurementProcurement is the method of discovering and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. The term may also refer to a contractual obligation to "procure", i.e. to "ensure" that something is done. When a government agency buys goods or services through this practice, it is referred to as government procurement or public procurement.
GovernmentA government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy.
E-procurementE-procurement (electronic procurement, sometimes also known as supplier exchange) is the business-to-business or business-to-consumer or business-to-government purchase and sale of supplies, work, and services through the Internet as well as other information and networking systems, such as electronic data interchange and enterprise resource planning. The e-procurement value chain consists of indent management, e-Informing, e-Tendering, e-Auctioning, vendor management, catalogue management, purchase order integration, Order Status, Ship Notice, e-invoicing, e-payment, and contract management.
PercentageIn mathematics, a percentage () is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign (%), although the abbreviations pct., pct, and sometimes pc are also used. A percentage is a dimensionless number (pure number), primarily used for expressing proportions, but percent is nonetheless a unit of measurement in its orthography and usage. For example, 45% (read as "forty-five per cent") is equal to the fraction 45/100, the ratio 45:55 (or 45:100 when comparing to the total rather than the other portion), or 0.
Simply connected spaceIn topology, a topological space is called simply connected (or 1-connected, or 1-simply connected) if it is path-connected and every path between two points can be continuously transformed (intuitively for embedded spaces, staying within the space) into any other such path while preserving the two endpoints in question. The fundamental group of a topological space is an indicator of the failure for the space to be simply connected: a path-connected topological space is simply connected if and only if its fundamental group is trivial.
Percent signThe percent sign (sometimes per cent sign in British English) is the symbol used to indicate a percentage, a number or ratio as a fraction of 100. Related signs include the permille (per thousand) sign and the permyriad (per ten thousand) sign (also known as a basis point), which indicate that a number is divided by one thousand or ten thousand, respectively. Higher proportions use parts-per notation. English style guides prescribe writing the percent sign following the number without any space between (e.
Lunar monthIn lunar calendars, a lunar month is the time between two successive syzygies of the same type: new moons or full moons. The precise definition varies, especially for the beginning of the month. In Shona, Middle Eastern, and European traditions, the month starts when the young crescent moon first becomes visible, at evening, after conjunction with the Sun one or two days before that evening (e.g., in the Islamic calendar). In ancient Egypt, the lunar month began on the day when the waning moon could no longer be seen just before sunrise.
Connected spaceIn topology and related branches of mathematics, a connected space is a topological space that cannot be represented as the union of two or more disjoint non-empty open subsets. Connectedness is one of the principal topological properties that are used to distinguish topological spaces. A subset of a topological space is a if it is a connected space when viewed as a subspace of . Some related but stronger conditions are path connected, simply connected, and -connected.
Percentage pointA percentage point or percent point is the unit for the arithmetic difference between two percentages. For example, moving up from 40 percent to 44 percent is an increase of 4 percentage points (although it is a 10-percent increase in the quantity being measured, if the total amount remains the same). In written text, the unit (the percentage point) is usually either written out, or abbreviated as pp or p.p. to avoid confusion with percentage increase or decrease in the actual quantity.
MonthA month is a unit of time, used with calendars, that is approximately as long as a natural orbital period of the Moon; the words month and Moon are cognates. The traditional concept arose with the cycle of Moon phases; such lunar months ("lunations") are synodic months and last approximately 29.53 days, making for roughly 12.37 such months in one Earth year. From excavated tally sticks, researchers have deduced that people counted days in relation to the Moon's phases as early as the Paleolithic age.
