In ________ institutions, the bid process is almost always required.
A) private
B) non-profit
C) public
D) corporate

Question

Quizplus · Accepted Answer

The bid process is almost always required in public institutions, such as government agencies and educational institutions, as they are accountable to the public and must ensure fair and transparent procurement processes. Private institutions, on the other hand, have more flexibility in their procurement processes and may not require a formal bidding process. Non-profit and corporate institutions may or may not require a bid process depending on their internal policies and procedures.

In ________ Institutions, the Bid Process Is Almost Always Required