Explain the criteria for an acceptable pricing proposal.
Expert Answer
Stringent economic measures such as budget cuts often lures officers to follow price based evaluation to select and prioritize the products. This means that they evaluate proposals based on the minimum technical criteria to have lowest cost.
However this creates a problem by lowering the quality of work. The government often tends to create long lasting systems . These measures often limit the cash flow in economy and reduces economic growth. For example, tbrough government projects government often intends to boost growth in certain areas having little incentives for businesses
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