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Which of the Following Best Explains 'Value for Money' in Procurement

Question 22

Multiple Choice

Which of the following best explains 'value for money' in procurement? 


A)  Buying a product that is fit for purpose, taking account of the whole-life cost. 
B)  Buying a product at the cheapest price. 
C)  Buying a product efficiently. 
D)  Buying a product effectively.

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