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:

ABid preparation

BNo-Bid decision making

CBuyer specific needs

DNone of the above

Show Suggested Answer

Suggested Answer: D

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

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Lera

1 months ago

Ah, the old 'None of the above' trick. Gotta love those tricky exam questions!

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Noble

10 days ago

A) Bid preparation

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Cory

14 days ago

D) None of the above

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Jeff

19 days ago

C) Buyer specific needs

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Aracelis

1 months ago

B) No-Bid decision making

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Deangelo

1 months ago

A) Bid preparation

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Ming

2 months ago

C) Buyer specific needs? Hmm, that's close, but I think it's missing something.

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Basilia

5 days ago

C) Buyer specific needs is important, but it's not the overall process.

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Theodora

11 days ago

B) No-Bid decision making is when a company decides not to submit an offer.

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Jesus

13 days ago

A) Bid preparation involves developing offers in response to solicitations.

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Rasheeda

2 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

19 days ago

A) Bid preparation is the most specific term for this process.

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Effie

25 days ago

C) Buyer specific needs are important to consider when developing offers.

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Ellen

1 months ago

B) No-Bid decision making is when a company decides not to submit an offer.

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Nana

2 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

1 months ago

C) Buyer specific needs can also play a role in developing offers.

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Jess

2 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

22 days ago

Buyer specific needs play a key role in the bid preparation process.

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Stephaine

30 days ago

No-Bid decision making is when we choose not to respond to a solicitation.

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Margo

1 months ago

It's important to carefully consider the buyer's needs when preparing a bid.

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Desire

2 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

3 months ago

I think the answer is A) Bid preparation.

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