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Questions and Answers
Which factor determines the extent and nature of the advertisement when obtaining quotations and tenders from suppliers?
Which factor determines the extent and nature of the advertisement when obtaining quotations and tenders from suppliers?
- The value of the contract (correct)
- The urgency of the contract
- The resources available
- The strategic importance of the contract
What is the purpose of advertising the requirements when obtaining quotations and tenders from suppliers?
What is the purpose of advertising the requirements when obtaining quotations and tenders from suppliers?
- To attract sufficient numbers of appropriate suppliers
- To generate competition among potential suppliers
- To ensure the organisation gets the best value for money
- All of the above (correct)
Which of the following methods can be used for advertising requirements when resources are limited?
Which of the following methods can be used for advertising requirements when resources are limited?
- Business journals
- Email solicitations (correct)
- Professional magazines
- Supplier websites
Which of the following is NOT a typical advertising requirement for procurement opportunities?
Which of the following is NOT a typical advertising requirement for procurement opportunities?
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What is the purpose of specifying the deadline for bid submission in the advertisement?
What is the purpose of specifying the deadline for bid submission in the advertisement?
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Why is it important to provide contact information in the advertisement?
Why is it important to provide contact information in the advertisement?
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What role does the project description play in a procurement advertisement?
What role does the project description play in a procurement advertisement?
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