Tender pricingbusiness firms are frequently required to fix, Ask an Expert

Management Studies

Tender Pricing:

Business firms are frequently required to fix the prices of their products on a tender basis. It is more applicable to industrial products and products purchased by Institutional customers.

Such customers typically go by competitive bidding through sealed tenders. They seek the best price consistent having the minimum quality specification & thus bag the order.

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Marketing Management, Management Studies

Category:- Marketing Management
Reference No.:- M9511533

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