Examlex
Which of the following sales analyses helps managers in pinpointing substantial opportunities and develop specific tactics to take advantage of them?
Optimistic Estimate
A projection or forecast that assumes the most favorable conditions and outcomes.
Bid Shading
The strategy of making a bid lower than what a bidder is actually willing to pay, typically to save money in auctions or competitive tender processes.
Bid-rigging
An illegal agreement between parties to conspire and fix the bidding process, often in procurement auctions.
Sealed-bid
A bidding process where all the bids are kept confidential until a designated opening time, preventing bidders from seeing competitors' bids.
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