A construction firm realizes that its steel suppliers have increased the prices of steel it uses, after doing a market analysis for the prices quoted by various suppliers for the same type of steel.Also, the firm is not satisfied with the performance of the supplier and decides to replace it.The firm is in the stage of the B2B buying process.
A) proposal analysis and supplier selection
B) RFP process
C) need recognition
D) order specification
E) product specification
Correct Answer:
Verified
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