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ISM CPSM CORE Question # 77 Topic 8 Discussion

CORE Exam Topic 8 Question 77 Discussion:
Question #: 77
Topic #: 8

HIJ, Inc. is planning to purchase a generic, well specified item offered by many suppliers. This will be HIJ's first time purchasing an item of this type. The market is highly competitive, and HIJ has identified many pre-qualified suppliers. HIJ needs a standard weekly delivery of two full truckloads of the item to meet a fixed production schedule. In this situation, which of the following is likely to yield the BEST value for HIJ?


A.

Request for qualifications


B.

Invitation for bid


C.

Request for information


D.

Reverse auction


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