Buyers can ascertain the prices by examining information provided by primary and secondary sources of market data. Which of the following is a secondary source of market data?
A.
Supplier prices provided on price comparison websites
B.
Historical records of supplier prices on the buyer’s database
C.
Price brochures provided by the supplier’s sales team
D.
Suppliers' prices provided on the buyer’s request for quotation
Detailed Explanation:Price comparison websites are secondary sources as they aggregate data collected from multiple suppliers. Primary sources (like RFQs and brochures) come directly from the supplier. Reference: CIPS Level 4, Market Data Analysis.
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit