Contemporary Marketing (MindTap Course List)
Contemporary Marketing (MindTap Course List)
17th Edition
ISBN: 9781305075368
Author: Louis E. Boone, David L. Kurtz
Publisher: Cengage Learning
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Chapter 19, Problem 5CTE
Summary Introduction

To discuss: The reason why the competitive bidding is an important factor in most of the major purchase decisions.

Competitive bidding refers to the process of issue of a bid particularly a public bid. Here companies will make the best proposal for a specific contract or project.

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