Examlex

Solved

When You Use a Flexible Bid Strategy, It Will Automatically

question 56

Multiple Choice

When you use a flexible bid strategy, it will automatically optimize your bids based on:


Definitions:

Solicited Proposal

A proposal requested by an organization or individual, often in response to a specific need or project announcement.

RFP

Stands for Request for Proposal, a document that solicits proposals, often made through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset.

Risks

The potential for loss or damage when a threat exploits a vulnerability.

Recommendations

Suggestions or proposals as to the best course of action, especially one put forward by someone with expertise or authority.

Related Questions