Question: Briefly explain if the following statements are right or wrong and why? - When the of the B / C ratio of a competitor is
Briefly explain if the following statements are right or wrong and why? When the of the BC ratio of a competitor is small, winning this competitor becomes easier to predict. Friedmans model uses a pessimistic strategy while Gates model uses an optimistic strategy. In case of high project risk, the use of Gates model is more appropriate than Friedmans You should increasedecrease your bid markup when you bid against a larger number of competitors than you initially expected. You should increasedecrease your bid markup high risk is involved. You should increasedecrease your bid markup when you need the job badly
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