Question

A training facility needs to purchase 50 binders from a local office supply store. The price for the binders is $20 each. What is the preferred method of purchase?

Answer 1

The preferred method of purchase would be to buy the binders in bulk to negotiate a discounted price and save money.

Step-by-step explanation:

In this case, the preferred method of purchase for the training facility would be to buy the binders in bulk. Since they need to purchase 50 binders, buying them individually at $20 each would cost a total of $1000. However, if they buy the binders in bulk, they might be able to negotiate a discounted price. This could result in significant savings.