__________ systems using reverse auctions are often mandatory to ensure the best price and quality for government procurement of goods and services.
A)Electronic tendering
B)Cloud computing
C)Spot sourcing
D)Maverick buying

Question

Quizplus · Accepted Answer

Electronic tendering systems using reverse auctions are commonly used in government procurement to ensure transparency, competitiveness, and cost-effectiveness. This method allows suppliers to compete with each other by bidding lower prices for goods and services. It is particularly useful for purchasing standardized items or services, where the quality and specifications are well-defined. Cloud computing, spot sourcing, and maverick buying are not directly related to the use of reverse auctions in government procurement.

__________ Systems Using Reverse Auctions Are Often Mandatory to Ensure