Define the Following Terms

question 69

Short Answer

Define the following terms
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Definitions:

Subcontractors

Third-party companies or individuals that are hired to perform a specific part of a project under the direction of a general contractor.

Relationship

The way in which two or more concepts, objects, or people are connected, or the state of being connected.

Key Supplier

A pivotal supplier crucial to the supply chain for its materials, services, or products, often due to their quality, reliability, or unique offerings.

Bidding Process

The procedure by which companies submit proposals or bids to win contracts, often used for projects, procurement, or services.