How do institutional buyers and government agencies do their buying

Asked by admin @ in Political Science viewed by 284 People

How do institutional buyers and government agencies do their buying?

Answered by admin @


Answer:

hi friend...

1. INSTITUTIONAL AND GOVERNMENT MARKETS

2. Institutional markets provide and services to people in their care. They are characterized by low budgets and a captive clientele.

3. ● Government Markets are major buyers of goods and services. ● They typically require suppliers to submit bids and often the contract is awarded to lowest bidder.

4. ● The government also buys on a negotiated contract basis, primarily in the case of complex projects involving major R&D costs and risks.

● Considerable paperwork is required from suppliers.

5. ● The procedures followed by the government are very elaborate and have to meet legal requirements.

 6. Global tenders are floated for large projects inviting tenders from international suppliers.


7.Disclaimer: ““These slides were created by Shine Ali, MES Cochin, during a marketing internship

Hope you liked the answer.

Explanation:


Similar Questions

By instituting government oversight on banks and investments franklin roosevelt

Asked by admin @ in History viewed by 332 persons

By instituting government oversight on banks and investments, Franklin Roosevelt A. reinforced the policies of Herbert Hoover. B. hoped to create jobs and get reelected. C. prompted Americans to take …

Name some institutions that are part of the government

Asked by admin @ in Social Sciences viewed by 261 persons

Name some institutions that are part of the government​

The buying process starts when the buyer recognizes a

Asked by admin @ in Economy viewed by 309 persons

. The buying process starts when the buyer recognizes aA.​

What government agency prints money

Asked by maham237 @ in History viewed by 286 persons

How do independent regulatory agencies influence the us government apex

Asked by maham237 @ in Social Studies viewed by 961 persons

A. They make it easier for a single political party to control U.S. economic policy. B. They report directly to the president to set a single national economic agenda. C. …

Which government agency controlled the use of valuable resources including oil, metal, and rubber?

Asked by maham237 @ in Social Studies viewed by 324 persons

Which government agency controlled the use of valuable resources including oil, metal, and rubber? the Defense Plant Corporation the War Production Board the Federal Reserve System the Office of War …

Foresters work for private companies as well as government agencies.

Asked by maham237 @ in Business viewed by 295 persons

Please select the best answer from the choices provided T F

How are government corporations similar to independent executive agencies

Asked by maham237 @ in History viewed by 286 persons

How are government corporations similar to independent executive agencies? A. Both are under the control of cabinet departments. B. Both are in competition with private businesses. C. Both are subject …

Foresters work for private companies as well as government agencies

Asked by maham237 @ in Business viewed by 326 persons

Foresters work for private companies as well as government agencies. Please select the best answer from the choices provided T F

Why did the federal government combine several agencies into the department of homeland security?

Asked by maham237 @ in History viewed by 299 persons

to prevent future acts of terrorism in the United States through coordinationto investigate if the September 11th attacks could have been preventedto investigate whether to bring charges for the September …

Overcoming fixed mindset: a step-by-step guide to cultivating a growth mindset

Asked by wiki @ in Health viewed by 1304 persons

Which of the following would best complete this list?

Asked by wiki @ in Social Studies viewed by 758 persons

What had the king decided to do before he saw the spider

Asked by vanshika149 @ in English viewed by 1160 persons

Describe the karez in your own words

Asked by rajesh064 @ in English viewed by 1333 persons

What is 8 + (x + 5)?

Asked by jaylord7 @ in Mathematics viewed by 1112 persons

Most viewed questions in Political Science

A recent communication noted that india's foreign minister

Asked by admin @ in Political Science viewed by 7279 persons

Difference between integral view and managerial view of public administration

Asked by admin @ in Political Science viewed by 2521 persons

Public policy issues shaping the iway in e commerce

Asked by admin @ in Political Science viewed by 1502 persons

Mere babu ne khana khaya translated in english

Asked by admin @ in Political Science viewed by 1031 persons

Trees are the kindest things i know questions and answers

Asked by admin @ in Political Science viewed by 958 persons

Draft a sales letter introducing a new model scooter

Asked by admin @ in Political Science viewed by 737 persons

Why is equality considered to be the core of democracy

Asked by admin @ in Political Science viewed by 702 persons

List of companies in one indiabulls centre lower parel

Asked by admin @ in Political Science viewed by 654 persons

State is the march of god on earth who said

Asked by admin @ in Political Science viewed by 595 persons

How many nights does it take to count the stars

Asked by admin @ in Political Science viewed by 593 persons

Difference between horizontal and vertical division of power

Asked by admin @ in Political Science viewed by 593 persons

Population of sri lankan tamils is concentrated in

Asked by admin @ in Political Science viewed by 572 persons

What is the name of german parliament class 9

Asked by admin @ in Political Science viewed by 564 persons

What type of soil is found in river deltas

Asked by admin @ in Political Science viewed by 539 persons

In which of these cell organelles are chromosomes located

Asked by admin @ in Political Science viewed by 505 persons