Question: Purchasing may not need to spend much effort understanding supplier costs when Question 8 options: 1) Buying a highly engineered, manually assembled product 2) Supplier

Purchasing may not need to spend much effort understanding supplier costs when Question 8 options: 1) Buying a highly engineered, manually assembled product 2) Supplier pricing is market-based 3) The supplier is unwilling to share any cost data 4) Negotiating a long-term contract

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