Author Question: Advantages associated with multiple vendor purchasing include: a. costs are generally lower than ... (Read 106 times)

saraeharris · **on:** Aug 21, 2018

Advantages associated with multiple vendor purchasing include:
a. costs are generally lower than when using a prime vendor.
b. the lowest bidder usually gets the contract for the goods.
c. there may be access to sale prices on raw materials.
d. there is a decrease in paper work.

Question 2

A group of buyers who join together for the purpose of better purchasing contracts with vendors is called:
a. multiple vendor purchasing.
b. prime vendors.
c. a purchasing cooperative.
d. bid purchasing.