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Time is the factor here.
When you have more time, you do bidding and less time you do negotiating.
Eg - Assume you want a profitable supplier, so what you do is ask for quotations.
If you have enough time for the selection - You organize a tender and ask for quotations and select your desired ones leisurely
But
If it is urgent (less time) - You quickly seek quotations from your new suppliers via phone calls, email, faxes or any other available modes.
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Difference between debt settlement and negotiation?
No difference, 2 different words for the same thing.
Why might negotiation be favored over competitive bidding in certain procurement situations?
When the product being purchased is fairly standard and readily available, most firms choose to utilize the competitive bidding process of supplier selection. This involves little or no negotiation. A request for bids is sent to a limited number of qualified suppliers asking for a price quote for the product, given the terms and conditions of the contract. The contract generally goes to the lowest bidder. For government bid requests, the contract legally must go to the lowest bidder qualified to fulfill the contract.
What is the difference between an offer and an invitation to negotiate?
An offer represents an explicit unilateral extension deal terms for an agreement/transaction. An invitation to negotiation is extending the opportunity for bi and multilateral discussions ideally towards an offer and ultimate resolution.
What is a price offer called in a bidding?
A price offer in bidding is called a bid price. Someone bidding on something, like at an auction, can bid on the item, which is called the bid price.
What is the difference between 'endorsement' and 'approval'?
what is the difference between approval and endorsement
What is the difference between a multilateral negotiation and a bilateral negotiation?
this question has not yet been answered
What is the difference between negotiation and dialog?
You try to reach an agreement in a negotiation whereas you communicate information in a dialogue.
Difference between debt settlement and negotiation?
No difference, 2 different words for the same thing.
What is peaceful coercion?
Peaceful coercion refers to using non-violent means to influence or persuade someone to behave in a certain way. This can involve tactics such as persuasion, negotiation, or economic incentives to achieve a desired outcome without resorting to force or aggression. Peaceful coercion aims to achieve compliance through means other than physical or verbal threats.
Negotiation between labor and management is called?
Negotiation between labor and management is called
Difference between negotiation and advocacy?
A negotiation is any manner in which two or more parties deal with a conflict. An advocate is someone who assists an interested party in dealing with negotiations. so basically a negotiation is attempting to resolve a conflict and advocacy is helping a particular side or party in that process of resolving a conflict.
What is the difference between a diplomacy and a debate?
A debate would be the civilized argument on a certain subject with 2 sides. A diplomacy is the solution or negotiation that the debate would lead to. :)
What is the main difference between negotiation and mediation?
Negotiation is when 2 people work out a deal and both people lose something in return to make each other happy.Mediation is when involves a third person making the problem easier for the two people to stop arguing.
What is the difference between debt negotiation and consolidation?
Debt Consolidation takes your debt and combines into one single loan, usually tied up in your house equity. Debt Negotiation on the other hand attempts to reduce the amount of debt you have by cutting the total amount you owe.
What is the difference between Job Posting Job Bidding?
Job bidding is to encourage you to compete for a job with other. But job posting is your initiavite....Job posting is the process of advertising and publicizing job openings to employees. Job bidding is similar to job postingand is more common in unionized environments. Jobbidding permits an employee to apply for a position even if no openings exist.Thanks much!Jay
What is a negotiation between the defense attorney and the prosecutor?
plea bargain
What are some of the situations when competitive bidding can not be used?
When insider information is circulating or when there is an arrangement between the bidders. That would cheat the purpose of competitive bidding.
