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CIPS Ethical and Responsible Sourcing L4M4 Question # 58 Topic 6 Discussion

CIPS Ethical and Responsible Sourcing L4M4 Question # 58 Topic 6 Discussion

L4M4 Exam Topic 6 Question 58 Discussion:
Question #: 58
Topic #: 6

A procurement manager has a new contract to award. They know there will be considerable interest from potential suppliers, as there are approximately twelve companies in the market. Which of the following is a benefit of using a full competitive tendering process for this new contract?


A.

All suppliers will know how much the others have bid


B.

Only the procurement manager can decide who wins


C.

All bidders will be treated equally


D.

It is a quick and informal process


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