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Which of the Following Explains 'Competitive Pricing

Question 29

Multiple Choice

Which of the following explains 'Competitive Pricing'? 


A)  The price paid for a product is based upon competitive tendering. 
B)  The price paid for a product is based upon competitive tendering among a number of pre-selected suppliers. 
C)  The price paid for a product is based upon a set fee. 
D)  The price paid for a product is based upon competitive tendering among a number of unknown suppliers.

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