Multiple choice

Organisations publish ______ when they have to procure goods and services on a large scale or get projects executed.

  1. purchase requisition

  2. tender notices

  3. purchase order

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Organisations publish tender notices when they have to procure goods and services on a large scale to get projects executed. Tender notices may be defined as invitations to submit “bids to provide such goods/services at quoted prices and subject to stated conditions”.