Which of the following is a situation requiring the purchase of a product for the first time?

Question

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A new buy is a situation where a company is purchasing a product for the first time. A straight rebuy is when a company purchases a product that they have purchased before without making any changes to the purchase. A modified rebuy is when a company has previously bought a product but needs to make modifications to the purchase. A value buy is not a common term in procurement and purchasing.

Which of the Following Is a Situation Requiring the Purchase