Course Solutions Uncategorized (Answered) : Sellers who receive a solicitation from a buyer or who learn of a buyer’s needs must make a bid/no-bid decision. What factors

(Answered) : Sellers who receive a solicitation from a buyer or who learn of a buyer’s needs must make a bid/no-bid decision. What factors

Sellers who receive a solicitation from a buyer or who learn of a buyer’s needs must make a bid/no-bid decision. What factors should such a seller consider when making a bid/no-bid decision for pricing contracts? Your response must be at least 75 words.

Expert Answer


The major factors for making the bid-no bid decisions are:

Does the seller understand the buyers requirements and have a product that is solving the needs of the buyer
Does the seller have a team that can deliver the product or service within the cost and time required (the time and cost bid in the tender)
Would

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