The Russian Government Asks Bidders on a Contract to Submit

question 18

Multiple Choice

The Russian government asks bidders on a contract to submit a US$150,000 fee with their bid to weed out firms that are not serious about the contract or are too small to handle the contract.This is an example of a governmental ____ screen that is common during government purchases in developing countries.

• A)eligibility
• B)procedural
• C)linkage
• D)influence

---

Definitions:

Business Purpose

The underlying reason or primary goal for the existence of a business or organization, beyond just making profit.

Capital Needs

The amount of funding a business or project requires in order to finance its operations, investments, and growth effectively.

Business Plan

A detailed document outlining the goals, strategies, financial forecasts, and operational structures of a business intended to guide its growth and success.

Funds

Financial resources that are allocated for a specific purpose, project, or investment.