What Type of Estimate Is Used for Making Many Purchasing

question 61

Multiple Choice

 What type of estimate is used for making many purchasing decisions for which accurate estimates are required and for estimating final project costs?

• A) budgetary
• B) definitive
• C) rough order of magnitude
• D) final

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Definitions:

Authentic Leadership

A style of leadership that emphasizes honesty, integrity, and transparency, encouraging leaders to be true to themselves and their values.

Keen Sense

An exceptionally sharp or perceptive ability or awareness in a particular context.

Developing Authenticity

The process by which individuals become genuine or real in their leadership roles, often through self-awareness and integrity.

Shamir And Eilam

Researchers known for their work on authentic leadership, suggesting that a leader's genuine self-presentation can inspire and motivate followers.