Question: When specifying via performance or function as the method of description, what is true? When specifying via performance or function as the method of description,

When specifying via performance or function as the method of description, what is true?
When specifying via performance or function as the method of description, what is true?
Supplier bears most of the risk.
It is easy to ensure that all suppliers are quoting based on identical materials or services.
Enables the buyer to acquire identical requirements from multiple suppliers.
Buyer bears most of the risk.
Suppliers cannot build in a risk premium into the price.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!