Question: In which procurement scenario does the buyer often hold a dominant position? Group of answer choices When purchasing patented technology components with a single source
In which procurement scenario does the buyer often hold a dominant position?
Group of answer choices
When purchasing patented technology components with a single source supplier.
For bespoke products that require specialized manufacturing processes.
Highdemand products during peak season from a region with few suppliers.
In this scenario, the buyer often holds a dominant position, as they have multiple sourcing options and can easily switch suppliers if necessary.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
