Question 1
In which circumstances would a procurement manager effectively use competitive tendering for the award of contracts?
- AOption A:
When the value of the procurement is high and special tooling is a major factor
- BOption B:
When the requirement is needed urgently and price is not the most important factor
- COption C:
When the suppliers have technical expertise, and the value of the procurement is relatively high
- DOption D:
Show answer and explanation
Correct answer: C
Competitive tendering is ideal for high-value contracts where technical expertise is essential. This method supports responsible sourcing by ensuring quality and aligning the supplier’s capabilities with the buyer’s needs, as required in more complex procurement scenarios.