When a Supplier Does Not Exist, Competitive Bidding and Negotiation

question 64

True/False

When a supplier does not exist, competitive bidding and negotiation are two methods commonly used for final supplier selection.

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Definitions:

Anti-Federalists

Individuals who opposed the ratification of the U.S. Constitution, favoring stronger state governments over a powerful central government.

National Government

An entity responsible for the governance and administration of a country's domestic and international affairs.

Win Elections

Winning elections involves securing a majority of votes or sufficient electoral support to gain public office or pass specific measures.

Political Party

A coalition of persons sharing closely aligned political objectives and beliefs, endeavoring to shape public policy by ensuring their representatives win public office.