Although it is important to develop a rationalized supply base such that buying power can be appropriately leveraged,a single-source strategy typically maximizes the value of professional services.

Question

Quizplus · Accepted Answer

A single-source strategy may limit competition and therefore may not result in the best value for professional services. It is generally recommended to have a diverse supply base to encourage competition and ultimately drive down costs while maintaining quality.

Although It Is Important to Develop a Rationalized Supply Base