The three stages of vendor selection, in order, are
A) vendor evaluation, vendor development, and negotiations
B) vendor development, vendor evaluation, and vendor acquisition
C) introduction, growth, and maturity
D) vendor evaluation, negotiations, and vendor development
E) EDI, ERP, and ASN

Question

Quizplus · Accepted Answer

Vendor selection typically involves vendor evaluation (assessing potential vendors), vendor development (working with chosen vendors to meet the company's needs), and negotiations (finalizing terms and conditions).

The Three Stages of Vendor Selection, in Order, Are