CIPS L4M6 Question Answer
Which of the following is a characteristic of a traditional contracting agreement?
Emphasis on mutual trust between purchaser and supplier
Emphasis on quality assurance based on zero defects
Emphasis on single source arrangement
Emphasis on short-term business relationships
Comprehensive and Detailed Explanation:
Traditional contracting agreements are typically characterized by:
Short-Term Focus:These agreements often prioritize immediate needs over long-term collaboration.
Transactional Nature:Emphasis is on price and terms rather than building strategic partnerships.
TESTED 20 Oct 2025
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