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Exam L4M5 All Questions
Exam L4M5 All Questions

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CIPS Level 4 Diploma in Procurement and Supply L4M5 Question # 9 Topic 1 Discussion

L4M5 Exam Topic 1 Question 9 Discussion:
Question #: 9
Topic #: 1

A procurement manager is considering negotiating variable pricing for a contract duration of 12 months. Would this be the right thing to do?


A.

No, because this will not enhance the buyer-supplier relationship


B.

No, because it will prove difficult to budget for the duration of the contract and provide financial uncertainty


C.

Yes, because this method of pricing will always provide value for money


D.

Yes, because it will build relationships with the supplier and provide a stronger platform for the next contract renewal


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