Which of the Following Is a Reason to Engage in Bidding

question 27

Multiple Choice

Which of the following is a reason to engage in bidding instead of negotiation?

• A) When any of the five prerequisite criteria for competitive bidding are absent
• B) When many variable factors bear not only on price but also on quality and service
• C) When the supplier is not involved in the design process
• D) When the business risks and costs cannot be predetermined
• E) When a customer firm is contracting for a portion of the seller's production capacity

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