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EFG, Inc. is conducting a sourcing activity to identify a provider of operational software. Both large and small consulting firms are invited to bid. Given that the supplier's financial stability will be an important element in the selection process, which of the following is the BEST course of action for EFG to take?
Correct Answer: A
The BEST course of action for EFG, Inc. to take in assessing the financial stability of potential suppliers for operational software is A. Obtain Dun & Bradstreet reports for the potential suppliers and review them for financial vulnerabilities. Dun & Bradstreet reports provide comprehensive insights into a company's financial health, including credit scores, financial stability, and potential risks1. This information is crucial for making informed decisions during the supplier selection process.