Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Management Theories Expert

It is normal to for procurement process to trying to avoid bad practices and collusion attitudes when financial resources are involved in negotiation. IBP USA Staff (2004, pp.154-155) explains general principles to cover tendering process under the rule of avoiding risks in post-tender negotiation or other issues that affect the right execution of provider selection.

There are five recommended points to reduce risks described above like publishing bidding information to ensure open and honest competition. On the other hand, Bovis (2008, p.97) describes a framework to address right post-tender negotiation process based on documentation and justification of why you decided to start with PTN.

If you notice, post-tender negotiation is not forbidden by all companies or public systems, but PTN process must be supported by a framework or procedures that allow to organization audit and check that everything is well being addressed.

Based on your experience, why are the risks you see in PTN process?

REQUIREMENT Word count: 350 Reference

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M9868881
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Management Theories

Question why do you think the worlds largest theme park

Question : Why do you think the world's largest theme park operator, the Walt Disney Co., was motivated to establish parks in Tokyo, Paris, and Hong Kong? What particular market characteristics of each of those sites wer ...

Chapter- gravity modela manufacturer of cat towers wishes

Chapter- Gravity Model A manufacturer of cat towers wishes to locate a super assembly facility to meet their cat tower assembly needs for the next millennium. Currently, carpet, cylinders, yarn and fasteners are purchase ...

Questionassume the role of presenter at a conference on

Question: Assume the role of presenter at a conference on organizational development, and then develop a PowerPoint presentation that addresses the following: Explain the importance of top-level leadership in organizatio ...

What role for governmentin chapter 3 wheelan describes a

What Role for Government? In Chapter 3, Wheelan describes a number of ways in which the "government is your friend" in a well-functioning society and economy. List and explain two ways that, in your everyday lives, there ...

What is the result of a price ceiling and why do some

What is the result of a price ceiling? And why do some consumers tend to favor price ceilings and others tend to oppose it?

Firm a has been dealing in baby food products for the past

Firm A has been dealing in baby food products for the past 10 years and enjoys a good market share. Suppose a new firm enters the market to capitalize on the increasing demand for such products. However, the products of ...

Question 1supply chain management is instrumental as it

Question: 1. Supply chain management is instrumental as it pertains to marketing as marketing plays a key role in integrating supply chain processes and promoting collaboration between stakeholders. 2. In this week's dis ...

Question - choose a product or technology interview five

Question - Choose a product or technology. Interview five consumers who buy that product and ask them what major problems they have with the product (or what major things they dislike about it). Then ask them to describe ...

Discussion post in a minimum of 150 words select one of the

Discussion Post: In a minimum of 150 words, select one of the discussion questions from the case study and answer the discussion question you selected. (The list of discussion questions from the case study are listed bel ...

Strategic information systems assignment - literature

STRATEGIC INFORMATION SYSTEMS ASSIGNMENT - Literature Review Write a literature review of NOT more than 2000 words. The review should demonstrate that the student has thoroughly researched their topic. Students should us ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As