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Discuss the pro's and cons's of sole, single, and multiple sourcing and the various risks associated with each of these buying strategies. Keep in mind

Discuss the pro's and cons's of sole, single, and multiple sourcing and the various risks associated with each of these buying strategies.

Keep in mind that in purchasing we have two friends - competition and volume - how can you establish competition if you decide to use oa sole (monopoly) or single source?

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