All of the Following Are Conditions Under Which Competitive Bidding

question 59

Multiple Choice

All of the following are conditions under which competitive bidding is effective except ____.

• A) the buyer has a preferred supplier for the item
• B) volume is high enough
• C) the marketplace is competitive
• D) the specifications or requirements are clear to the seller
• E) adequate time is available for suppliers to evaluate the RFQ

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Definitions:

Emotion

A response of the whole organism, involving (1) physiological arousal, (2) expressive behaviors, and (3) consciously experienced thoughts and feelings.

Introverts

Individuals who prefer quiet environments and enjoy spending time alone or with a few close friends, as opposed to extroverts who seek out social interactions.

Extraverts

Individuals characterized by their outgoing, socially confident behavior and preference for external stimulation.

Cultures

The beliefs, customs, arts, institutions, and all other products of human work and thought created by a society.