When a long period is required to produce the items purchased a company should engage in negotiation instead of bidding.

Name: When a long period is required to produce the items purchased a company should engage in negotiation instead of bidding.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

Negotiation allows for more flexibility and collaboration between the buyer and seller, which can be beneficial when a long period is required to produce the items purchased. Bidding may not account for unforeseen delays or changes in production timelines.

When a Long Period Is Required to Produce the Items