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Exam L4M4 All Questions
Exam L4M4 All Questions

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CIPS Level 4 Diploma in Procurement and Supply L4M4 Question # 23 Topic 3 Discussion

L4M4 Exam Topic 3 Question 23 Discussion:
Question #: 23
Topic #: 3

In which circumstances would a procurement manager effectively use competitive tendering for the award of contracts?


A.

When the value of the procurement is high and special tooling is a major factor


B.

When the requirement is needed urgently and price is not the most important factor


C.

When the suppliers have technical expertise, and the value of the procurement is relatively high


D.

When the specification is likely to be continuously reviewed as the contract progresses


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