All of the following are considered preferred procurement practices except _________.
A) timely payment
B) choosing the lowest cost supplier
C) training
D) clear specification

Question

Quizplus · Accepted Answer

Choosing the lowest cost supplier is not always considered a preferred procurement practice because it may not account for the quality, reliability, or sustainability of the products or services. Preferred practices often emphasize value over just cost, considering factors like supplier performance, quality, and long-term relationships.

All of the Following Are Considered Preferred Procurement Practices Except