Oracle Fusion Cloud Procurement 2024 Implementation Professional Quiz 04 15Nov24 - Practice Quiz

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Question 1 of 30

A procurement manager at a manufacturing company is evaluating a new supplier for a critical component. During the supplier risk assessment, the manager discovers that the supplier has a history of late deliveries and has recently faced legal challenges regarding product quality. Despite this, the supplier offers competitive pricing and has a strong market presence. What should be the procurement manager\'s primary consideration in this scenario?

The procurement manager should prioritize the supplier's delivery history and legal challenges over pricing and market presence.

The procurement manager should focus solely on the competitive pricing offered by the supplier, disregarding other factors.

The procurement manager should consider the supplier's market presence as the most important factor, as it indicates reliability.

The procurement manager should evaluate the supplier's financial stability as the primary concern, ignoring delivery and legal issues.

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