Buyers use competitive bidding when price is a minor criteria and the required item (or service) has complex material specifications.

Name: Buyers use competitive bidding when price is a minor criteria and the required item (or service) has complex material specifications.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Competitive bidding is typically used when price is a major criterion and the specifications are clear and straightforward, not when the item or service has complex specifications.

Buyers Use Competitive Bidding When Price Is a Minor Criteria