Technique deals with bidding of
tenders
A. Game Theory
B. Project Management
C. LPP
D. PERT
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Answer:
A. Game Theory
Step-by-step explanation:
Technique deals with bidding of
tenders
A. Game Theory
Game theory according to Merriam Webster is defined as the analysis of a situation involving conflicting interests in terms of gains and losses among opposing players. Bidding is also done between conflicting parties and this conflict brings about many factors that go into decision of the final bid number into play.
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