Which of the Following Is a Consequence of a 'Request

question 50

Multiple Choice

Which of the following is a consequence of a 'Request for Tender'? 

• A) Suppliers submit general information that may help them to qualify for a potential tender. 
• B) Suppliers are invited to submit a general tender. 
• C) Suppliers are invited to submit general information that will result in them being awarded a supply contract. 
• D) Suppliers are invited to submit a detailed bid which meets the requirements as laid down in the request for quotation against the lowest possible price (identical to request for tender).

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Definitions:

Employees

Individuals who are hired by a company or an organization to perform specific jobs in exchange for compensation.

Stratification System

The hierarchical arrangement of individuals in a society based on factors such as wealth, social status, and occupation, which affects their access to resources and opportunities.

Religious Groups

Collections of individuals who share the same faith or beliefs and often gather for worship, spiritual practices, and community support.

Businesses

Organizations engaged in commercial, industrial, or professional activities with the aim to generate earnings or profit.