Exit ISM-CORE Supply Management Core
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Q1 Single choice

UVW, Inc. issues a Request for Quotation (RFQ) for urgently-needed safety equipment. The equipment must be installed immediately in order to keep the firm in compliance with safety regulations. UVW is contacted by a small, minority-owned company which asks for two more weeks to submit its quotation, as its technical expert is out sick.
In this situation, which of the following is the MOST appropriate course of action for UVW to take?

  • A

    Extend the RFQ due date and notify all suppliers of the extension

  • B

    Accept other quotations as scheduled and set aside a portion of the award for the minority-owned supplier

  • C

    Inform the supplier that quotations must be received by the due date in order to be considered

  • D

    Return all quotations and issue a new RFQ

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