All of the following are true of government markets except
A) the government is the largest customer group in all countries.
B) most government customers buy by specification using a mandatory bidding procedure.
C) the government buyer must often accept the lowest bid that meets the specifications.
D) by law, a government unit might have to accept the lowest bid even for an unwanted product.
E) government purchases are usually subject to much public review.
Correct Answer:
Verified
Q251: The government market
A) often relies on an
Q252: Regarding buying by intermediaries,
A) computer-controlled inventory systems
Q253: Committee buying in large retail chains
A) makes
Q254: Which of these statements regarding manufacturing and
Q255: Which of the following NAICS codes would
Q257: When a large wholesaler or retailer uses
Q258: Which of the following statements about purchasing
Q259: With regard to government buying:
A) One of
Q260: Government buyers in the U.S. usually buy
Q261: This act, passed by the U.S. Congress
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