A Principal repeatedly uses LTE with the same three firms even though the market contains many capable suppliers, withou...
Type: MCQ • Marks: 1
A Principal repeatedly uses LTE with the same three firms even though the market contains many capable suppliers, without periodically reviewing the supplier base The main risk is:
Options
A. Reduced competition and potential supplier cartelisation
B. Excessive competition
C. Better transparency
D. Automatic cost reduction
Explanation
Repeatedly restricting participation to the same firms can create a closed procurement environment.
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UPSC Principal & Vice PrincipalManagement Finance Administration
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