Type of bids which states complete description about quantity of bids and prices of bids is classified as
A. markets bid
B. bankers bid
C. competitive bids
D. non-competitive bids
Answer: Option C
Solution (By Examveda Team)
Type of bids which states complete description about quantity of bids and prices of bids is classified as competitive bids. Competitive bidding is a process of issuing a public bid with the intent that companies will put together their best proposal and compete for a specific project.This Question Belongs to Management >> International Finance And Treasury
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