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Jack Green is using an open tender to source a new component for a product.

Jack Green is using an open tender to source a new component for a product. What must be considered if using an open tender?

A.

There must be an adequate number of suppliers in the market

B.

The tender will only be advertised in marketing journals

C.

Bidders must be pre-qualified prior to invitation

D.

Price will be the only selection criterion

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