Organizational buyers are engaging in sole sourcing because they are more concerned with _____ than buying only on the basis of price.

Question

Quizplus · Accepted Answer

Organizational buyers are more concerned with quality and timely deliveries than buying solely on the basis of price when engaging in sole sourcing. They value consistent and reliable suppliers who can provide high-quality products or services on time, even if it means paying a premium price. This is especially true for critical items or components that are essential to their operations and cannot be easily sourced elsewhere. By relying on a sole source, organizations can ensure consistency and reduce the risk of supply chain disruptions or quality issues.

Organizational Buyers Are Engaging in Sole Sourcing Because They Are