When deciding which suppliers provide the best quality and service at the best price:
A)There is often a trade-off between price,quality and service.
B)The overall business strategy of the organisation is not a concern.
C)The type of product being procured is not a concern.
D)The greatest focus should be placed on price.

Question

Quizplus · Accepted Answer

When deciding which suppliers provide the best quality and service at the best price, there is often a trade-off between price, quality, and service. It is important to find a balance between these factors to ensure the best value for the organization. The overall business strategy and type of product being procured should also be considered in the decision-making process. Simply focusing on price may not necessarily lead to the best long-term outcomes for the organization.

When Deciding Which Suppliers Provide the Best Quality and Service