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NCMA Exam CPCM Topic 4 Question 104 Discussion

Actual exam question for NCMA's CPCM exam
Question #: 104
Topic #: 4
[All CPCM Questions]

The process of developing offers in response to oral or written solicitations or based on perceived buyer needs is called:

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Suggested Answer: D

by Yuonne at Dec 05, 2024, 03:16 AM

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Lera
24 days ago
Ah, the old 'None of the above' trick. Gotta love those tricky exam questions!
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Jeff
2 days ago
C) Buyer specific needs
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Aracelis
15 days ago
B) No-Bid decision making
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Deangelo
19 days ago
A) Bid preparation
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Ming
1 months ago
C) Buyer specific needs? Hmm, that's close, but I think it's missing something.
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Rasheeda
1 months ago
I think D) None of the above is a bit too broad. There has to be a more specific term for this process.
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Brittni
2 days ago
A) Bid preparation is the most specific term for this process.
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Effie
8 days ago
C) Buyer specific needs are important to consider when developing offers.
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Ellen
26 days ago
B) No-Bid decision making is when a company decides not to submit an offer.
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Nana
1 months ago
A) Bid preparation involves developing offers in response to solicitations or buyer needs.
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Ngoc
2 months ago
B) No-Bid decision making? Really? That's not the same as developing offers.
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Sheron
26 days ago
C) Buyer specific needs can also play a role in developing offers.
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Jess
1 months ago
A) Bid preparation is the correct term for developing offers in response to solicitations.
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Carman
2 months ago
I'm not sure, but I think it could also be C) Buyer specific needs, as offers can be developed based on perceived buyer needs.
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Lang
2 months ago
A) Bid preparation seems like the correct answer. That's what we do when we respond to solicitations, right?
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Jenelle
5 days ago
Buyer specific needs play a key role in the bid preparation process.
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Stephaine
13 days ago
No-Bid decision making is when we choose not to respond to a solicitation.
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Margo
27 days ago
It's important to carefully consider the buyer's needs when preparing a bid.
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Desire
1 months ago
Yes, you are right. Bid preparation involves developing offers in response to solicitations.
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Devora
2 months ago
I agree with Selma, because developing offers in response to solicitations is part of bid preparation.
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Selma
2 months ago
I think the answer is A) Bid preparation.
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