When a purchasing manager knows roughly what is needed but can't describe it exactly-or when the purchasing arrangement may change as the job progresses-then buying is likely to be by ________

Question

Quizplus · Accepted Answer

Negotiated contract buying means agreeing to contracts that allow for changes in the purchase arrangements. In such cases, the general project and basic price is described but with provision for changes and price adjustments as the job progresses.

When a Purchasing Manager Knows Roughly What Is Needed but Can't