Creative Electronics has an idea for a new MP3 accessory. Now it is looking for a supplier to design and manufacture the product. It will most likely use ______________ buying.

Question

Quizplus · Accepted Answer

Creative Electronics is looking for a supplier to design and manufacture the product. In this case, it will most likely use negotiated contract buying as it involves a long-term relationship with the supplier for the design and manufacture of the product. This form of buying involves negotiating terms and conditions with the supplier before entering into a contract.

Creative Electronics Has an Idea for a New MP3 Accessory