_______ is the process of inviting bids or proposal in response to an invitation.
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A.
Scheduling
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B.
Starting
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C.
Tendering
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D.
Planning
Correct Answer:
C. Tendering
Explanation:
Tendering is the formal process where an organization invites multiple suppliers or contractors to submit bids to provide specific goods or services. This procedure ensures a competitive environment, allowing the client to evaluate various proposals based on criteria like price and quality before awarding a contract. While scheduling, planning, and starting are individual phases within a project's lifecycle, tendering specifically refers to the act of soliciting and receiving these formal offers in response to a project invitation.
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