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Exam L3M4 All Questions
Exam L3M4 All Questions

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CIPS Level 3 Advanced Certificate in Procurement and Supply Operations L3M4 Question # 37 Topic 4 Discussion

L3M4 Exam Topic 4 Question 37 Discussion:
Question #: 37
Topic #: 4

A buyer is using a framework agreement to purchase office furniture. The buyer invites the four suppliers listed on the framework to quote for the furniture; the winning bid is the lowest price. What would best describe this approach?


A.

Direct call-off


B.

Competitive tender


C.

Quotation exercise


D.

Mini competition


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