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The First Stage in a Procurement Process Whereby the Buyer

question 23

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The first stage in a procurement process whereby the buyer communicates its needs to potential suppliers, who will then submit tenders based on the requirements, is called:


Definitions:

Grapevine Network

Grapevine network signifies informal and unofficial channels of communication within an organization, often spreading rumors or unofficial information.

Formal Groups

Organized groups with defined structures and roles, typically formed within institutions or businesses for specific purposes.

Formalizing

The process of establishing official procedures or systems, often within organizational or legal contexts.

Group Development

A process by which a group of individuals with a common purpose evolves into a cohesive unit with defined roles and norms.

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