When suppliers are engaged in bid-rigging, they vie for contracts in cutthroat environments, and usually only gain an advantage over competitors through bribing an employee with inside influence.

Question

Quizplus · Accepted Answer

A: Correct-Bid-rigging is when supplier/vendors bribe an inside employee to win a competitive contract. The amount of the bribe depends on the influence the employee has in securing the contract for the vendor.

When Suppliers Are Engaged in Bid-Rigging, They Vie for Contracts