Finding the right vendor is not easy. For some companies, the best choice is a vendor that provides the highest quality products or services. For others, the focus may be on low price rather than high quality. To find a vendor that fits a company's needs, project or procurement managers need to solicit many of them prior to selecting the best one.

• Explain how you would identify and assess potential vendors for a company with which you are familiar.

Share experiences or knowledge gained through reading relevant textbook and articles, as well as watching educational videos. Provide substantive responses related to Unit 2 learning objectives. Ensure that responses satisfy length requirements and that they reflect your ideas and point of view rather than materials copied and pasted from sources.