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A Company Has Reached the End of a Contractual Agreement

Question 142

Multiple Choice
A company has reached the end of a contractual agreement with a vendor and wants to open it up for bid again before signing a new contract. This type of purchase situation is a:
A)straight rebuy.
B)modified rebuy.
C)new task purchase.
D)joint demand purchase.

A company has reached the end of a contractual agreement with a vendor and wants to open it up for bid again before signing a new contract. This type of purchase situation is a:


A) straight rebuy.
B) modified rebuy.
C) new task purchase.
D) joint demand purchase.

Correct Answer:

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