Which of the following stages in a buying sequence will result in a specific option or set of options from which price,delivery,system compatibility,and other characteristics can be determined?

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Establishing specifications involves creating a detailed list of requirements for the desired product or service, including information on price, delivery, system compatibility, and other characteristics. This stage is critical for ensuring that potential suppliers understand the buyer's needs and can offer options that meet those requirements. Once specifications are established, the buyer can then search for and qualify potential suppliers that can provide the desired product or service. Requesting proposals would come later in the buying sequence, after potential suppliers have been identified and evaluated.

Which of the Following Stages in a Buying Sequence Will