/prəˈkyʊərmənt/ – Noun
Definition: quá trình mua bán, việc mua bán
A more thorough explanation: Procurement refers to the process of obtaining goods, services, or works from an external source, typically through a formal purchasing or contracting process. It involves activities such as sourcing, purchasing, and contract management to ensure that the organization acquires the necessary resources in a timely and cost-effective manner.
Example: The procurement of goods and services for the company must comply with all relevant laws and regulations.