Multiple Choice
The fairest possible means of treating all suppliers alike in a competitive bidding situation is to:
A) establish a policy of firm bidding.
B) allow all bidders to change their bids prior to the bid opening.
C) allow for negotiation after all bids are received.
D) give prospective suppliers target cost.
E) none of the above because competitive bidding is not fair.
Correct Answer:
Verified
Correct Answer:
Verified
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