Competitive bidding tends to result in sacrifices in product quality,development efforts,and other vital services.

Name: Competitive bidding tends to result in sacrifices in product quality,development efforts,and other vital services.
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

Competitive bidding often results in companies focusing primarily on offering the lowest price rather than investing in product quality, research and development efforts or other important services. This can lead to a lower quality product or service being delivered.

Competitive Bidding Tends to Result in Sacrifices in Product Quality,development