Question: Sole sourcing refers to a procurement process in which a company procures goods or services from a single supplier, not because they prefer that supplier

Sole sourcing refers to a procurement process in which a company procures goods or services from a single supplier, not because they prefer that supplier over others, but because that supplier is the only one able to provide the specific product or service required. Which of the following scenario does NOT represent the situation where 'sole sourcing' be the necessary approach?

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