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(TCO B) All of the below would be considered good selection criteria for a buyer to use to select a seller, except (Points : 10)
Proprietary rights of buyer, overall cost, and warrantee offered by seller.
Past work done by seller, intellectual property rights, and risk associated with a given seller.
Technical capability of seller, understanding of work by seller, and business type of seller.
Managerial approach of seller, capacity of seller to do the work, and ability of seller to make a reasonable make-or-buy decision.
(TCO A) According to the PMBOK® Guide, there are four processes in the procurement area. Describe and explain these four processes in the procurement management process for the buyer. (Points : 30