Because making competitive bids is costly and time-consuming, firms should choose potential bid opportunities with care.

Name: Because making competitive bids is costly and time-consuming, firms should choose potential bid opportunities with care.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Careful selection of bid opportunities helps firms allocate resources efficiently, focusing on projects with higher chances of success and better alignment with their capabilities and strategic goals.

Because Making Competitive Bids Is Costly and Time-Consuming, Firms Should