Which of the Following Best Describes Public Tendering

question 15

Multiple Choice

Which of the following best describes public tendering?

• A) It refers to the transfer of ownership of the business from the government to the private sector.
• B) It refers to the tendency of the public to view domestically produced goods as superior to those produced in other countries.
• C) It refers to the public's interest in, and openness to, acquiring goods from other countries.
• D) It refers to the purchasing of products and services on behalf of a government agency or other public entity.

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Definitions:

Technological Advances

Refers to the improvement and innovation in technology which enhances the functionality, efficiency, and application of various systems, devices, or methodologies.

Ancient Chinese Civilization

One of the world’s earliest civilizations, noted for its significant contributions to writing, technology, philosophy, and governance originating thousands of years ago in the Yellow River Valley.

Rice Agriculture

The cultivation of rice as a primary food crop, involving various methods and practices depending on the geographical and environmental conditions.

Preindustrial Societies

Societies characterized by limited technological development, with economies based chiefly on subsistence farming or hunting and gathering.