A Principal buys a low-cost printer that requires very expensive consumables and frequent repairs, despite an available...
Type: MCQ • Marks: 1
A Principal buys a low-cost printer that requires very expensive consumables and frequent repairs, despite an available alternative with lower overall lifecycle cost The procurement decision may be criticised for ignoring:
Options
A. Total cost/value considerations
B. Delegation
C. Communication
D. Attendance management
Explanation
A lower initial price does not always represent better value for money.
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UPSC Principal & Vice PrincipalManagement Finance Administration
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