______________ issues are present when bidders "low ball" a bid or when some bidders get a "last look."
A)Ethical
B)Strategic
C)Efficient
D)Effective

Question

Quizplus · Accepted Answer

"Low balling" a bid means that the bidder intentionally submits a bid lower than their actual cost in order to win the contract and then increase the price later. This is considered unethical because it is deceptive and unfair to the other bidders who submitted honest bids. Similarly, if some bidders are given a "last look" at the bids of others before finalizing their own bid, this can give them an unfair advantage and is also considered unethical.

______________ Issues Are Present When Bidders "Low Ball" a Bid