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Type of bids which states complete description about quantity of bids and prices of bids is classified as

Type of bids which states complete description about quantity of bids and prices of bids is classified as Correct Answer competitive bids

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.

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A statement is given below in the question followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: Hindustan Unilever and Nestlé plan to selectively increase prices of their products to take into account higher crude oil and petrol costs, the rupee’s depreciation against the dollar and more expensive commodities such as wheat. If crude remains where it is and if the rupee has depreciated, of course, there are headwinds as far as costs are concerned. I. Nestlé India’s logistics providers are looking to renegotiate rates after record-high petrol and diesel prices. Nestlé declined to comment on when and by how much prices would increase.  II. Nestlé commented that HUL had dropped prices in November after the Goods & Services Tax was introduced last year and an increase in prices now would likely not hurt consumers.  III. Petrol prices have crossed Rs 90 a litre in Mumbai on increasing global prices of crude oil, of which India is a net importer, further impacted by the falling rupee. Crude derivatives, which are key inputs for FMCG companies, and petroleum derivatives used in packaging material including bottles and tubes, have also become more expensive.
Information: Given below in statement of Quantity 1, Quantity 2. What is the relation between Quantity 1, Quantity 2 Quantity 1: Ram daily go for morning walk and two round of circular path in same park. On Monday he walk 3 km/hr. and complete his walk 4 minute earlier, and on Tuesday he walk 2 km/hr. and complete his walk 6 minute later, find circular path of park (in meter) Quantity 2: Puneet cycling for cover certain distance without stoppage with speed of 5 km/hr. and he cover same distance in same time with taking rest with speed of 6 km/hr. how many second he stop every hour?
Given below are two quantities named A and B. Based on the given information, you have to determine the relation between the two quantities. You should use the given data and knowledge of Mathematics to choose between the possible answers. There are two jars which contain different liquids in different quantities Quantity I∶ Quantity of water in Jar 1, if Jar 1 contains mixture of 230 litres which contain juice, water, coke and pepsi. Ratio of quantity of water to juice is 2 : 1 and juice to coke is also 2 ∶ 1 while the ratio of quantity of coke to pepsi is 3 ∶ 2 Quantity II∶ Quantity of water in Jar 2, if Jar 2 contains 10 litres of mixture more than jar 1 and contains juice, coke and water. Water, juice and coke is poured into the jar 8 times in the ratio 3 ∶ 2 ∶ 1. Every time the quantity of a liquid is same.
A passage with three blanks,followed by five options, each containingone word, is given. Choose the word thatcan fill all the three blanks.
An __________ is a process of buyingand selling goods or services by offeringthem up for bid, taking bids, and thenselling the item to the highest bidder.Participants bid openly against oneanother, with each subsequent bidrequired to be higher than the previousbid. An auctioneer may announce prices,bidders may call out their bidsthemselves (or have a proxy call out abid on their behalf), or bids may besubmitted electronically with the highestcurrent bid publicly displayed. In aDutch ____________, the auctioneerbegins with a high asking price for somequantity of like items; the price islowered until a participant is willing toaccept the auctioneer's price for some quantity of the goods in the lot or untilthe seller's reserve price is met. Ineconomic theory, an ____________may refer to any mechanism or set oftrading rules for exchange.
Below are given two assumptions numbered I and II next to the description of each question. You have to decide which of these assumptions are implicit in the description, considering the description and the assumptions that follow. Description- "This place is the best for a holiday." Anita told her husband Ram. Assumptions- I. The vacation spot should be cool and pleasant. II. Ram is a male.
Instructions: Below question contains a statement followed by quantity 1 and quantity 2. You have to study the information along with the question and compare the value derived from quantity 1 and quantity 2, then answer. Quantity 1: Radius of a circle is twice the side of square, whose diagonal is 21√2 meter, find (1/22) of area of circle and (1/7) of area of square is what percent more than the area of triangle which base and height is 30 meter and 20 meter respectively? Quantity 2: A tank of cube shape with open top side, than find open side area of tank is what percent of total area of remaining sides of tank?
In the following question, two statements are numbered as A and B. On solving these statements, we get quantities A and B respectively. Solve both quantities and choose the correct option. Quantity A: A can do 40% of a work in 6 days and B can do 30% of the same work in 3 days. They started the work together but B left after 2 days and A continued to work. In how many days was the entire work completed? Quantity B: Type 1 workers are two-and-a-half times as efficient as Type 2 workers. If 12 Type 1 workers can complete a task in 10 days, how many days would it take 6 type 1 and 10 type 2 workers to complete the same task?
A container contains certain quantity of milk. Malik sold 20% of the milk from the container and added same quantity of water to it. From this mixture, 40% of the quantity was sold to local dealer. After this Malik again added water to the mixture equivalent to 18% of the quantity, he sold to the local dealer. At the end, he sold 75% of the mixture to the dairy and remaining unsold quantity was 5 liter. What was the initial quantity of milk in the container (approx.)?
In making decisions about important questions, it is desirable to be able to distinguish between strong and weak arguments. Strong arguments are those, which are both important and directly related to the question. Weak arguments are those, which are of minor importance and also may not be directly related to the question or may be related to a trivial aspect of the question. The questions below are followed by two arguments each numbered I and II. You have to decide which of the two arguments is the strong argument and which is the weak argument. Statement: In a competitive market, if one firm reduces its prices then should other firms also reduce their prices? Arguments: Yes. If the other firms do not reduce their prices, they would lose customers. No. The other firms will start facing losses by reducing their prices.
Statements followed by some conclusions are given below. Statements: 1. Demand and supply determine the prices of goods and services. 2. When there are too many buyers, prices are pushed up and too many sellers push down prices. Conclusions: I. Buyers and sellers determine the prices. II. Price discovery is market driven. Find which of the given conclusions logically follows from the given statements. A. Only conclusion I follows B. Only conclusion II follows C. Both I and II follow D. Neither I nor II follows