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Business, 11.02.2020 05:34 wyattjefferds05

A consulting firm submitted a bid for a large research project. the firm's management initially felt they had a 50-50 chance of getting the project. however, the agency to which the bid was submitted subsequently requested additional information on the bid. past experience indicates that for 77% of the successful bids and 40% of the unsuccessful bids the agency requested additional information.

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