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In most countries, ________ are the major buyers of goods and services. They typically require suppliers to submit bids and often award the contract to the lowest bidder.

A) consumer packaged-goods companies
B) government organizations
C) health services vendors
D) educational institutions
E) households

User Beejm
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1 Answer

6 votes

Answer:

B) government organizations

Step-by-step explanation:

From the question, one might be tempted to believe that households(option E) is the correct answer, but households would not require suppliers to submit bids.

The process of requesting bids and awarding contracts to the lowest bidder is peculiar to government establishments as they often required to keep expenses at the lowest minimum possible in order to stay within the budget expenditure earmarked for the year.

All in all, without any iota of doubt, option B is the most appropriate in this circumstance

User Achukrishnan
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