Which of the following is the first step in the typical purchasing process by organizations?
A) a vendor analysis
B) a Request for Proposal (RFP)
C) recognitions of needs
D) evaluation of alternatives
E) none of the above

Question

Quizplus · Accepted Answer

Recognition of needs is the first step in the typical purchasing process by organizations. This involves identifying the requirements of the organization and determining what needs to be purchased to meet those requirements. Only after the needs are recognized can the organization move on to vendor analysis, evaluation of alternatives or issuing an RFP.

Which of the Following Is the First Step in the Typical