Which of the Following Statement Is True in the Case

question 25

Multiple Choice

Which of the following statement is true in the case of procurement from equipment vendors?

• A) The lowest bid will win the contract.
• B) The lowest bid may not win the contract.
• C) The most innovative concept, irrespective of cost, wins the contract.
• D) Suppliers who quote higher prices do not win contracts.
• E) Suppliers who meet the project schedule will win the contract.

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Definitions:

Human Resources Information System (HRIS)

A comprehensive across-the-board software system for HRM that includes subsystems or modules.

Common Database

A shared, centralized repository of data accessible to multiple users or systems.

Relational Databases

A kind of database designed to store and allow access to data points that have relationships with each other.

Commercial Software

Software developed and sold for profit, typically offering extensive customer support and regular updates.