All of the Following Are True of Government Markets Except

question 193

Multiple Choice

All of the following are true of government markets except

• A) the government is the largest customer group in all countries.
• B) most government customers buy by specification using a mandatory bidding procedure.
• C) the government buyer must often accept the lowest bid that meets the specifications.
• D) by law, a government unit might have to accept the lowest bid even for an unwanted product.
• E) government purchases are usually subject to much public review.

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Definitions:

Proactive

Taking initiative by acting in anticipation of future problems, needs, or changes.

HR Forecasting

The process used by human resources to estimate the future demand and supply of employees needed to achieve the company's objectives.

Human Resources

The department within an organization responsible for hiring, administering benefits, and managing employee relations.

Personnel Planning

The process of determining an organization's future personnel needs and developing strategies to meet those needs.