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CIPS Ethical and Responsible Sourcing L4M4 Question # 20 Topic 3 Discussion

CIPS Ethical and Responsible Sourcing L4M4 Question # 20 Topic 3 Discussion

L4M4 Exam Topic 3 Question 20 Discussion:
Question #: 20
Topic #: 3

Each stage of the tendering procedure requires a timeline to be met by bidders and the tender processing team.

Which of the following explains why timescales are important in the tendering process?

    They help in getting the right lead-time on the purchase order

    They separate the quickest bidders from the slowest

    They ensure that all bidders are treated equally

    They ensure that bids are submitted in the correct format


A.

1 and 2 only


B.

2 and 3 only


C.

1 and 3 only


D.

2 and 4 only


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