Procurement managers classify products and services that fail to meet company requirements as underspecified and those that provide far more features than necessary as overspecified.

Question

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This statement is true. Procurement managers aim to find products and services that meet their company's needs without being either underspecified or overspecified. Underspecified products may not meet important requirements, while overspecified products may include unnecessary features that increase costs.

Procurement Managers Classify Products and Services That Fail to Meet