Sole Sourcing Is the Awarding of a Contract for an Item

question 21

True/False

Sole sourcing is the awarding of a contract for an item or service to only one supplier.

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Definitions:

Systems Model

is a representation of a complex system or process, outlining its components, relationships, and dynamics.

Willingness to Serve

An individual's readiness or predisposition to contribute their time or skills for the benefit of a community or organization without expecting financial gain.

Behavioral Approach

A method in psychology and management focusing on the study of observable behavior, emphasizing the external behaviors of people and their reactions in specific situations rather than internal states like feelings and thoughts.

Productivity

Productivity measures the efficiency of production, often quantified as the ratio of output to input within a certain period.