The practice of buying business products based on sealed, Ask an Expert

Management Studies

The practice of buying business products based on sealed competitive bids is popular among all types of business buyers.

What are the advantages and disadvantages of this practice to buyers?

What are the advantages and disadvantages to sellers? Should companies always give the business to the lowest bidder? Why or why not?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M92040115

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