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One of the biggest weaknesses in the bidding process is that it encourages competition. Competitive bidding is helpful in some ways though because it helps people get items for cheaper prices.
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∙ 10y ago
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How do you bid on Craigs list?
There's no bidding process.
What is the process of selecting the host city for the Olympics?
The Bid / Bidding
Why were the Olympic games held in Germany?
Because Berlin won the normal bidding process of the time for the 1936 Olympics, and Münich won the normal bidding process of the time for the 1972 Olympics.
WHAT IS open bidding or tendering?
A bidding process that is open to all qualified bidders and where the seales bids are opened in public for scrutiny and are chosen on the basis of price and quality.
What are the Advantages and disadvantages of competitive bidding for government contracts?
One advantage to bidding on governmental contracts is the fact that the winning bid will offer the best services for the job. A disadvantage to the process is the fact that bidding may make a business bid too much for the contract.
What is a technical bid?
A technical bid is where the technical goods availability is given the priority and then followed by the price bidding process. Here, the suppliers with the most goods availability is considered by the buyer for the further bidding.
Which two countries did south Africa beat in the bidding process to host the 2010 world cup?
Zambia
What are the requirements to bid on a tax lien?
There aren't any really specific requirements for bidding on a tax lien. You simply have to know what you are doing. There are some great programs and books out there that can guide you through this process (http://tax-sale-lien-reviews.com). Knowing how the process works, including the possible risks associated with this type of investing, will better equip you for the auction/bidding process.
What does man's bidding or somebody's bidding mean?
A "bid" is a request or an order. To do a man's bidding is to perform his command.
What is procurement trade?
Procurement is an activity of acquiring, finding, buying goods or services from an external source. It helps the competitive bidding process.
How do you put bidding in a sentence?
In my excitement, I forgot I was bidding too high. Bidding for an antique table, I lost to the higher bidder.
Cars prices at auction?
The prices are often lower at car auctions, because there is bidding process and the more bidders you have at your car the more you win...
