Which of the Following Is a Reason to Engage in Bidding

question 62

Multiple Choice

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

• A) When tooling and setup costs represent a small percentage of the supplier's total costs
• B) When a long period of time is required to produce the items purchased
• C) When production is interrupted frequently because of numerous change orders
• D) When a thorough analysis is required to solve a difficult make-or-buy decision
• E) When the products of a specific supplier are desired to the exclusion of others

---

Definitions:

Shadowing Approach

A learning method where an individual gains experience or insights by observing another person performing their role or duties.

Mentoring

A developmental partnership through which one person shares knowledge, skills, information, and perspective to foster the personal and professional growth of someone else.

Protégé

An individual guided and protected by a more experienced or influential person.

Executive Search Firms

Executive search firms specialize in recruiting highly qualified candidates for senior-level and executive positions within organizations.