Choosing Suppliers Simply Based on the Lowest Bid Has Become

question 1

True/False

Choosing suppliers simply based on the lowest bid has become a somewhat rare approach.

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Definitions:

Department of Defense

A federal executive department responsible for coordinating and supervising all agencies and functions of the government concerned directly with national security and the United States Armed Forces.

1947

A year notable for events such as the partition of India and Pakistan, and the beginning of the Cold War era.

UN General Assembly

A principal organ of the United Nations, comprising all member states, that deliberates on global issues and makes decisions on matters such as peace and security.

Formal Votes

Officially recorded votes typically taken in structured settings like legislative bodies, meetings, or elections to make decisions.