Systems contracting is a purchasing management technique that seeks __________ of an item from the time a need is recognized to the time that need is fulfilled.
A) on time delivery
B) an overall increase in the quality
C) an overall increase in the price
D) an overall increase in the effectiveness
E) overall reduction in the cost

Question

Quizplus · Accepted Answer

Systems contracting aims to reduce the overall cost of an item or service, from the initial identification of the need to the final delivery. The goal is to find the most cost-effective solution that meets the organization's requirements. Therefore, an overall reduction in cost is the best choice.

Systems Contracting Is a Purchasing Management Technique That Seeks __________