The Key Technique Used in Procurement Planning Is

question 41

Multiple Choice

The key technique used in procurement planning is:

• A)risk analysis.
• B)cost/benefit analysis.
• C)make- or- buy analysis.
• D)decision tree analysis.

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Definitions:

Key Message

The core idea or main point that an individual or organization aims to convey to its target audience.

Target Audience

The specific group of consumers or individuals to whom a particular advertisement, campaign, or piece of content is directed.

Strategic Plan

A systematic process of envisioning a desired future, and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.

Conduct Research

The systematic investigation into and study of materials, sources, or subjects in order to establish facts and reach new conclusions.