A preferred supplier designation indicates that the selected supplier should receive the business for a critical commodity under all possible conditions.

Question

Quizplus · Accepted Answer

While a preferred supplier designation may indicate that the supplier is favored for business, it does not necessarily guarantee that they will receive the business under all possible conditions. Other factors such as price, quality, and availability may also play a role in supplier selection.

A Preferred Supplier Designation Indicates That the Selected Supplier Should