Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question
Is the public procurement act in terms of goods and services doing good or harm to the nation?
Expert Solution
Step 1
Public procurement describes the acquisition of products, services, and works by governments and state-owned businesses. The procedure for public procurement is a series of steps that includes need assessments, awards, contract management, and final payment.
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