Business, 15.04.2020 22:23, jansielys01013

Rhonda is a procurement officer for the government and needs to hire a new plumbing company that she could pay a fixed price per year to get their services on demand. she sends out this request to a plumbing website where multiple plumbing firms respond with their prices. rhonda will choose the lowest price offer. this is an example of what?

demand-based pricing
value-based pricing
price leader/ follower competitive bid
comparative cost pricing

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Rhonda is a procurement officer for the government and needs to hire a new plumbing company that she...