Exam L4M5 Topic 1 Question 151 Discussion
Actual exam question for CIPS's L4M5 exam
Question #: 151
Topic #: 1
Question #: 151
Topic #: 1
A procurement professional is preparing for a negotiation of purchasing non-critical commodity products. He knows that the product can be easily replaced by other substitutes in the market. The negotiation for these products is typified by which of the following?
Suggested Answer: C Vote an answer
Explanation
With non-critical commodity products, the relationship will be transactional. Buyer should not spend too much time and effort into the negotiation.
Table Description automatically generated
LO 1, AC 1.4
With non-critical commodity products, the relationship will be transactional. Buyer should not spend too much time and effort into the negotiation.
Table Description automatically generated
LO 1, AC 1.4
by Hubery at Nov 12, 2024, 11:52 AM
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