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CIPS Defining Business Needs L4M2 Question # 77 Topic 8 Discussion

CIPS Defining Business Needs L4M2 Question # 77 Topic 8 Discussion

L4M2 Exam Topic 8 Question 77 Discussion:
Question #: 77
Topic #: 8

To improve the productivity, Plantation Ltd is planning to purchase a tractor, which it has never bought before. The project must be quick to catch up with the next growing season. Leanne, a jun-ior procurement staff at the company, assumes that she could skip market analysis stage to save time. Is this assumption reasonable?


A.

No, the company assesses supplier's performance solely based on market analysis


B.

Yes, Leanne just needs to purchase the tractor from her friend's company


C.

No, market analysis will inform the company of the pricing as well as latest technology trends


D.

Yes, the company has extensive experience in purchasing tractor


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