Requirements of shopping , Other Management

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Requirements of shopping

Let us now look at the requirements for shopping:

The value of the work or goods should be of a lesser value and the nature of business should be urgent. You can also consider this as a parameter to adopt shopping.
Material or goods which are readily available. (The materials are readily available in the market or within your organisation).
A competitive market is present. You can also consider this as a parameter to adopt shopping as this gives you an edge on price.
Pre-selected list of qualified contractors and suppliers are prepared for different categories of works/goods.

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