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One textbook (Profex Publishing) for this course under the heading 'Right price for the supplier'...

One textbook (Profex Publishing) for this course under the heading 'Right price for the supplier' re-fers to:

‘A price which allows the seller to win business, in competition with other suppliers (according to how badly it needs the business, and the prices being charged by its competitors)’

Which of the following mechanisms is being referred to here?

A.

Face-to-face negotiation

B.

A tender exercise

C.

Cost analysis

D.

Litigation

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