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IT Procurement and Sourcing Quiz

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1. Which of the following best describes the purpose of IT procurement?

2. What is a Request for Proposal (RFP) primarily used for in IT procurement?

3. In IT procurement, what does the term 'vendor lock-in' refer to?

4. Which of the following is a common method for evaluating potential IT vendors and their proposals?

5. Which phase of the IT procurement process involves the evaluation of vendors' responses to RFPs?

6. What is a key consideration in the negotiation phase of IT procurement?

7. Which of the following is NOT a typical component of an IT procurement contract?

8. What role does 'benchmarking' play in IT procurement?

9. How does strategic sourcing differ from traditional procurement in IT?

10. Which legal aspect is crucial for managing risks in IT procurement contracts?