Evaluating whether or not to go forward with the preparation of a proposal is referred to as the ____.
A) bid/no-bid decision
B) exception decision
C) contingency decision
D) best and final offer decision

Question

Quizplus · Accepted Answer

The bid/no-bid decision is the process of evaluating whether or not to proceed with the preparation of a proposal. This decision is based on factors such as the feasibility of the project, the available resources, the competition, and the potential profitability of the project.

Evaluating Whether or Not to Go Forward with the Preparation