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Tender in Finance Quiz

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Questions and Answers

What factors impact meat tenderness?

Flavor, juiciness, and succulence

Amount of connective tissue, amount of fat, and meat grain (correct)

Meat grain, flavor, and amount of connective tissue

Amount of fat, flavor, and juiciness

What is the main difference between tender and tender offer?

Tender is a bid for a project, while tender offer is a bid for a government contract.

Tender is a bid for a government contract, while tender offer is an invitation to submit a bid for a project.

Tender is an invitation to submit a bid for a project, while tender offer is a bid to purchase shares from a company's shareholders. (correct)

Tender is a bid to purchase shares from a company's shareholders, while tender offer is an invitation to submit a bid for a project.

What is the importance of tenderness in meat quality?

Tenderness is equally important as flavor in meat quality

Tenderness is not an important factor in meat quality

Tenderness is the most important factor in meat quality (correct)

Tenderness is the least important factor in meat quality

How can tenderness of meat be increased?

By processing techniques such as tenderizing or tenderization Signup and view all the answers

What is the main aim of a tender offer?

To purchase shares from another company's shareholders Signup and view all the answers

What is the main purpose of a tender document in the tendering process?

To outline the project details and work involved Signup and view all the answers

What initiates the tender process?

An invitation to tender Signup and view all the answers

What is the purpose of advertising tenders through local media?

To provide equal opportunity to all interested contractors Signup and view all the answers

How are proposals evaluated in the tender process?

Based on criteria such as quality and price Signup and view all the answers

When is the tender process concluded?

Once the winning contractors and suppliers are determined Signup and view all the answers