The first step in the purchasing cycle is

Name: The first step in the purchasing cycle is
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

Quizplus · Accepted Answer

Before making any purchase, it is important to conduct an internal assessment to determine the specific needs of the organization, budget constraints, and any existing contracts or relationships with suppliers. This information will help guide the rest of the purchasing process. The other options listed typically come later in the purchasing cycle.

The First Step in the Purchasing Cycle Is