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Approaches to Contracting

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If you were entering into a contract with another party as the buyer, explain the process you would use to decide which main approach to contracting you would prefer. Would it be to your advantage to employ a competitive method or a noncompetitive method? Would your choice be different if you were the seller? Why or why not?

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This solution discusses approaches to contracting.

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If I was entering into a contract with another party as the buyer, the process that I would use to decide which main approach to contracting I would prefer would include analyzing the overall situation in order to decide which contracting approach ...

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