Question: Your company is considering whether it should bid for two contracts (C1 and C2) on offer from a government department for the supply of certain
Your company is considering whether it should bid for two contracts (C1 and C2) on offer from a government department for the supply of certain components. If bids are submitted, the company will have to provide extra facilities, the cost of which will have to be entirely recouped from the contract revenue. The risk, of course, is that if the bids are unsuccessful then the company will have to write off the cost of these facilities
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